In accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby inform you that the Company has launched an online portal www.lovedepot.com for the sale of Pleasure products. We are attaching herewith a copy of the Press Release in connection with the above, which is self-explanatory.This initiative is not likely to have any material impact both on the top line and bottom line of the Company in the near future.