In continuation to the Board of Directors of the Company held on 14th February 2017 in which it was decided that MPS Telecom Private Limited (MTPL'), a telecom distribution company, be merged with the Company through a scheme of arrangement it is further decided and approved that, subject to necessary compliances of the Companies Act, 2013 and SEBI Regulations, the 100% of the share capital of MPS Telecom Private Limited be acquired by the Company for an all-cash deal. The acquisition of the 100% equity shares would require a total investment of Rs. 35 crores. The board also decided that after acquiring the 100% equity shares and making MTPL a wholly owned subsidiary of the Company, the same may be merged with the Company in terms of section 233 of the Companies Act, 2013 i.e. under the Fast Track merger facility. In terms of regulation 37 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, read with SEBI vide Notification No. SEBI/LAD/NRO/GN/2016-17/029 dated 15th February, 2017 and in continuation of our letter dated July 17, 2017 given to BSE regarding merger of M/s MPS Telecom Private Limited & M/s Oneworld Teleservices Private Limited (Wholly owned Companies)with the Company, we hereby enclose herewith the following documents for the purpose of disclosure to your good office : 1. CAA.9 (Pursuant to section 233(1)(a) & Rule 25(1) 2. Draft Scheme of Merger 3. Board Resolution passed for approval of such scheme (As per BSE Announcement date on 05/08/2017) We wish to inform your good office that the Regional Director, Northern Region, Ministry of Corporate Affairs, has, vide its confirmation order dated April 3, 2018 received today on April 6, 2018, approved the scheme of amalgamation between MPS Telecom Private Limited (Transferor Company - 1) and Oneworld Teleservices Private Limited (Transferor Company - 2) with Optiemus Infracom Limited (Transferee Company) and their respective shareholders and creditors in terms of section 233 of Companies Act 2013 i.e. fast track route. In this regard, we hereby submit the following documents: a. Copy of Confirmation order of sanctioning scheme of amalgamation b. Copy of approved scheme of amalgamation Further, in terms of section 233 (7) of Companies Act, 2013, the scheme of amalgamation would become effective from the date it is submitted with the office of Registrar of Companies on a date not later than 30 days from the receipt of order of Regional Director. (As Per BSE Announcement Dated on 06.04.2018)