Pursuant to the Regulation 29 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015, Add-Shop E-Retail has informed that the Board of Director will meet on Monday, September 13,2021 at the registered office of the Company, to discuss and finalized all the proposal came from various investors including HNI, FII, and corporate etc. to invest in the company by the way of equity or any other instrument equalant to equity or any other matter with the permission of the Chairman. Add-Shop would be leveraging on its robust distribution network spread across the country for his Ayurveda products. The company is having vast distribution network of more than 550 franchisees spread across 25 states. In addition, the company is having wide customer base, which offers substantial base for marketing its products to them. Such distribution network would be major growth catalyst for the company. In view of the same and pursuant to the Code of Conduct to Regulate, Monitor and Report Trading by Designated Person(s) of the Company, the Trading window for dealing in Securities by Designated Persons and their immediate relative(s) has been remain closed till 48 hours from the announcement/declaration of the outcome of the board meeting.
The above information is a part of company’s filings submitted to BSE.
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