The Board of Directors of the Company have noted and placed on record their intention letter received from Nitin Pradhan (on behalf of the promoter and promoter group) expressing its intention to make an offer to voluntarily delist the Company's equity shares from The BSE (BSE) and The Calcutta Stock Exchange (CSE) in accordance with Securities and Exchange Board of India (Delisting of Equity Shares), Regulations 2009(Delisting Regulations).