The Company is in receipt of a copy of Filling of Letter of Offer issued by Vivro Financial Services Private Limited (Merchant Banker) in respect of an open offer made by Lippi Systems Limited to the public shareholders of the Company, pursuant to Regulations 3(1) and 4 of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto. A copy of the letter of offer is enclosed for your reference and records.This is for your information and record.