The Board felt that in the hard times post the outbreak of Covid-19, most employers would look for outside help to resolve and manage their human resource processes, as a support to the functioning of their Human Resource Departments. This in tum presents itself as an opportunity to generate revenues at low cost, in a rapid time, ultimately ensuring profitability. Hence it was decided to enter the said business activity. The initial investment in the business is estimated to be Rs 5 crore (the actual amount may vary depending upon the requirements of the business). Besides, the Company would utilize its existing resources for the purpose.