Rectification of IPO use of proceeds

The Company has informed that the shareholders of the Company in the 10th AGM held on December 28, 2021 have approved the rectification of IPO use of proceeds regarding Acquisition of Plant and Machinery. Instead of Cone Baking Machine as in the Prospectus the Company now intends to procure Rollo Stick Ice-cream Machine and Associate Machinery in order to cope up with the changing market demand and also with a view to increase production capacity of ice cream by a considerable volume.