The Board of Directors at their meeting held today i.e., 01st December 2022, has inter-alia, considered
and approved the following item:
Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015,
we hereby inform the Exchanges that the Company is entering into a definitive agreement subject to
closing conditions to acquire the 75% stake in Nutana Aviation Capital IFSC Private Limited.
In a growing charter market across the globe, Nutana Aviation will be carrying business for renting and
booking of charter aircrafts.
The Board Meeting commenced at 11:30 A.M and concluded at 12:03 P.M.
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