Dear Sir/MadamPursuant to Regulation 30 of SEBI(Listing Obligation and Disclosure Requirements) Regulation 2015 read with Schedule III (PARA C PART A) of the said Regulation, we hereby inform that the step down subsidiary namely M/s Doreman Distributors Private Limited and Chaturbhuj Agencies Private Limited have transferred/disposed of certain equity shares held as an investment to the promoters of the Company the details of which are annexed herewith and marked as Annexure-a