Landmark Cars Limited has incorporated a Wholly Owned Subsidiary Company named `Aeromark Cars Private Limited'. The newly incorporated company being a subsidiary will be a Related Party. The initial investment in the said wholly-owned subsidiary would be Related Party Transaction and will be considered to be at Arms' Length.

The company is the Promoter of the said wholly-owned subsidiary. Save and except as mentioned above, the Company is not interested in any other manner. ACPL intends to carry on the business of sales, after sales and allied business.