Sastasundar Ventures Limited — Important, 18-10-2024: Disclosure of material issue

Sastasundar Ventures Limited announces that the National Company Law Tribunal has sanctioned the amalgamation of its wholly-owned subsidiary, Retailer Shakti Supply Chain Private Limited, with Sastasundar Healthbuddy Limited. This consolidation aims to enhance operational efficiency, streamline management, and optimize resource utilization, effective from April 1, 2023. The transfer of all assets, liabilities, and employee obligations will be seamless, while inspections related to the transferee company will continue post-merger.