News Announcement

Maximaa Systems: Announcement under Regulation 30 (LODR)-Updates on Acquisition

Respected Sir / Madam

Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015 read with Regulation 3 of SEBI (Prohibition of Insider Trading) Regulations further we would like to intimate the below stated Inter-se transfer between the Promoters / Promoters group in terms of Regulation 10(1)(a)(ii) of SEBI (Substantial Acquisitions of Shares and Takeover) Regulations 2011 by way of an off-market transaction pursuant to a family settlement.

In this connection necessary disclosure under Regulation 10(5) for the above said acquisition in prescribed format as submitted by the Acquirer is enclosed for your kind information and records.

Thanking you

Yours faithfully

Maximaa Systems Limited

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