GREAVES COTTON LTD. - Disclosure Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

This is in continuation to our earlier intimation dated 5th August, 2021, 31st March, 2022 and 27th September, 2022 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, wherein we had informed about the signing of MOU on proposal for sale of Company's land located at Akurdi Village, Old Mumbai Pune Highway, Pune, Maharashtra to Runal Developers LLP on or before 31st March, 2023, subject to signing of definitive agreements between the parties and necessary regulatory and statutory approvals. In this regard, we wish to inform you that we are awaiting necessary regulatory approvals and accordingly the definitive agreements have not yet been finalized between the parties. We are expecting to close the transaction by the end of first quarter of FY 2023-24. This is for your information and records.