Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and the Companys Policy on Determination of Materiality of Events we hereby inform you that the Company has entered into Share Subscription and Shareholders Agreement with E-Fleet Systems Private Limited (E-Fleet) for making investment of not exceeding Rs. 4 00 00 000/- (Rupees Four Crores) in E-Fleet.