Madhumala Ventures Pvt Ltd, a wholly owned subsidiary of the Company, has agreed to make an funding of Rs. 1.56 crore in Constrobot Robotics Pvt Ltd which is engaged inside the business of studies, improvement, production and buying and selling of robotic device and related software program to be used in production sports. The investment might be done through number one and secondary buy of shares to acquire 19.51% of the issued and paid-up percentage capital of the Investee Company on a fully diluted basis. The nature of subscription will be cash. Subscription to its stocks is being executed at a together agreed valuation, which has no longer been disclosed herein because of reasons of confidentiality.