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| Exchange Received Time 16/01/2018 18:16:55 Exchange Disseminated Time 16/01/2018 18:17:04 Time Taken 00:00:09 | Sub: Disclosure regarding disposal of Non-Operating
Immaterial Subsidiary Company, Naidunia Media Limited (NML)
In continuation to our letter dated November 9, 2017 regarding the captioned subject and pursuant to Regulation 30 and all other applicable Regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that after the change of name of NML to Diaspark Techbuild Limited, shares of NML held by the Company was transferred to the erstwhile promoters of the NML Mr. Vinay Chhajlani from whom NML was acquired in the year 2012. Subsequent to the disposal of said shares on 16th January, 2018, NML ceased to be the Subsidiary of the Company.
Further, pursuant to the requirement of the Securities and Exchange Board of India circular CIR/CFD/CMD/4/2015 dated 9th September, 2015 disclosure is attached as Annexure.
You are requested to take note of the same.
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