Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to enclosed herewith the copy of the press release with regard to acquire additional 35.82 % Stake/Shares in Peaton Electrical Company Limited (CIN NO: U31403GJ2006PLC049428) (PECL), pursuant to which PECL become the subsidiary of the company.