In furtherance to the earlier communication dated June 06, 2022 (enclosed as 'Annexure- A') and in terms of terms of Regulation 30 of the SEBI Listing Regulations, we wish to inform you that Nxtra Data Limited, a subsidiary of the Company has entered into an agreement resulting in acquisition of 5.464% additional stake in Avaada MHAmravati Private Limited, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws.\r\n \r\nOther details as required to be disclosed under aforesaid Regulation 30 read with SEBI Circular dated September 09, 2015, are enclosed as 'Annexure B'. \r\n