The Income Tax Department performed a search at the Premises of Capacite Infraprojects Ltd below segment 132 of the Income Tax Act, 1961. The Search changed into concluded on August 25,2019.

No irregularities have been determined during the Search operation through the Authorities in opposition to the Company. There had been no claims made in opposition to the agency nor have there been any disclosures. The above complaints have no effect on the economic and operational overall performance of the Company.

The Company is presenting all feasible assistance to the Authorities in this remember. We have supplied all reasons, information and clarifications required via them in this rely and shall keep to provide any similarly details that might be required.

We at Capacit’e Infraprojects Ltd., observe the very best requirements of Corporate Governance and Financial Discipline. Our structures and procedures are benchmarked by way of ready auditing and accounting requirements, Our dealings with our partners and our clientele are transparent and as in line with Industry hints.

Shares of Capacite Infraprojects Ltd changed into final trading in BSE at Rs.177 in comparison to the previous near of Rs. One hundred eighty.35. The total quantity of shares traded at some stage in the day was 13474 in over 1108 trades.