This is to inform you that the Board of directors of the Company in its meeting held on March 20 2020 has considered and approved a proposal for further investment of upto Rs.115 Crore in Antara Senior Living Limited a wholly owned material Subsidiary (WOS) of the Company by way of subscribing to its Compulsorily Convertible Preference Shares (CCPS) in one or more tranches to meet its funding/business expansion proposals.