Intimation Of Adjournment Of Board Meeting And Next Date Of The Adjourned Board Meeting

• Security Code: 521149
• Company: PRIMEURB

This is to inform you that the meeting of board of directors of the company scheduled to be held today i.e. Tuesday, June 20, 2017, stand adjourned after discussion among directors and on advice from independent directors. The adjourned board meeting is scheduled to be held on Wednesday, June 21, 2017 at 10.30 a.m. at 54- Free Press House, 5th Floor, 215 Free Press Journal Marg, Nariman Point, Mumbai - 400021 inter alia, to transact the following business:

1.To consider and approve acquisition of 58,02,925 Equity Shares constituting 100% of the paid up equity share capital of New Line Buildtech Private Limited by making investments in the equity shares of New Line Buildtech Private Limited by the Company ('Investment').

2.To authorise Mr. Purusottamdas Patodia, Chairman and Managing Director, Mr. Manoj Kumar Patodia, Vice Chairman and Managing Director and Mr. Anuj Patodia, Managing Director jointly and/or severally to sign and execute the Share Purchase Agreement to be entered with LSO Subco No. 1 Company and New Line Buildtech Private Limited. Further, to authorise Mr. Purusottamdas Patodia, Chairman and Managing Director, Mr. Manoj Kumar Patodia, Vice Chairman and Managing Director and Mr. Anuj Patodia, Managing Director, jointly and/or severally to sign and execute all relevant and necessary papers, forms, documents for the completion of the said Investment.

This is for your information and record.