Mr. Subrota Narayan Roy, one of the Sponsors of the Company has expressed his intention to transfer 46,60,000 shares out of his total holding of 96,60,000 shares of the Company to his wife Mrs. Hena Sree Roy (23,30,000 shares) and his son Mr. Saurav Roy (23,30,000 shares) respectively, by way of gift outside the trading system of the Exchange within October 29, 2020.