ACS Technologies Ltd

We wish to inform that the board of directors of the company at its meeting held i.e (Board Meeting begin time at 5.00 PM and conclusion time at 5:30 PM) on 14.06.2023 at registered office Hyderabad and inter-alia resolved the following:The transferor company i.e. ACS Technologies Limited has renewed its limits with HDFC Bank Limited before the approval of the scheme of arrangement by Honble NCLT. The said banker issued the renewal sanction communication on 12th June 2023 and the same has been placed before the board noted the contents therein and the accorded its approval.Please note that this intimation is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and any other applicable provisions.