Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Board of Directors in its meeting held on May 26, 2017 has accorded to take loan of Rs. 5 Crores from India Infoline Housing Finance Limited, against mortgage of property situated at Office Space No. T-02, 3rd Floor, Vasant Square Mall, Plot No. 4, Community Centre, Pocket No. 5 Sector B, Vasant Kunj, Delhi-110070.