ORBIT EXPORTS LTD. - Announcement under Regulation 30 (LODR)-Acquisition

Board of Directors have approved to enter into an Agreement with M/s. K & H Construction Pvt Ltd for development of 2 MWP Solar Captive Generating Plants as Special Purpose Vehicle ("SPV") at south Gujrat by contributing 26% equity shares in the said SPV. The entire power units generated from said SPV will be supplied to the Company, at its Kosamba and Sarigam facilities at discounted price.