This is to inform you that the Board of Directors of the Company have been informed by our Promoter, Holcim Ltd and its relevant subsidiaries, that they have executed a Share Purchase Agreement with Endeavour Trade and Investments Ltd. on May 15th, 2022 for the sale of shareholding in Holderind Investments Ltd., which in turn holds shares in the Company.\r\nThe Company will be providing requisite assistance to complete the proposed transaction, including pursuant to its obligations under applicable law.\r\nAttached is a Press Release in this behalf by Holcim Ltd