Silver Touch Technologies Limited informd that the Company has incorporated a wholly-owned subsidiary in the name of Silver Touch Auto Tech Private Limited has been incorporated on July 25, 2022 under the Corporate Identification Number (CIN: U72900GJ2022PTC134200). Name of the target entity, details in brief such as size, turnover etc: Silver Touch Auto Tech Private Limited; Authorized Share Capital: INR 1,000,000; Subscribed Capital: INR 100,000. Industry to which the entity being acquired belongs: Information Technology.

Objects and effects of acquisition: Automative Testing, Fitness Centers, Automative Driving track testing, Fitness Tests etc. Brief background: Silver Touch Auto Tech Private Limited is incorporated on 2 July, 2022 in India and Registered with registrar of Companies, Ahmedabad, Gujarat and is yet to commence its business operations.