The Board of Directors of Sat Industries Limited, at its meeting held on September 23, 2020, inter alia; reviewed, considered and approved the Scheme of Amalgamation of Aeroflex International Limited (The First Transferor Company) and Italica Furniture Private Limited (The Second Transferor Company) the Wholly Owned Subsidiaries of the Company with Sat Industries Limited (The Transferee Company) i.e. Holding Company, subject to the approval of the Hon''ble National Company Law Tribunal [NCLT], Mumbai Bench, Mumbai, Stock Exchange (BSE Limited) where the shares of the Company are listed and other relevant Regulatory Authorities. We are enclosing herewith the information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular number CIR/CFD/CMD/4/2015 dated September 9,2015 as Annexure-A Notice is hereby given that a Petition under Sections 230 to 232 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013 for an Order sanctioning the Scheme of Amalgamation of Aeroflex International limited (Transferor Company 1) and Italica Furniture Private Limited (Transferor Company 2) with Sat Industries Limited (Transferee Company) and their respective shareholders, has been admitted by the Hon'ble National Company Law Tribunal, Mumbai Bench vide its Order dated April 9, 2021. The said Petition is fixed for final hearing before the NCLT on June 10, 2021. Copy of the NCLT order is attached herewith as Annexure A. Pursuant to the Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed copies of advertisement published in The Free Press Journal in English newspaper and Navshakti in Marathi newspaper on May 20, 2021. (AS Per BSE Announcement Dated on 20.05.2021) Receipt of certified copy of the order ('NCLT Order') along with the Scheme of Amalgamation passed by the Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT'). (As per BSE Announcement Dated on 10/01/2023)