Monte Carlo Fashions Ltd

With respect to the above referred disclosures dated February 6 2023 March 292023 and pursuant to regulation 30 of the SEBI (LODR) Regulation 2015 it is hereby informed that the Company has made further investment to the extent of Rs 50000000/- (Rupees Five Crores Only) in Monte Carlo Home Textiles Limited (MCHTL) Wholly Owned Subsidiary Company incorporated on December 3 2021 and has allotted 5000000 equity shares of Rs. 10/ each. Now the total amount of investment made in MCHTL is Rs 137000000/-(Rupees Thirteen Crores Seventy Lacs Only).The details required under regulation 30 of SEBI (LODR) Regulations 2015 read with SEBI circular No. CIR/CFD/CMD/4/2015 dated September 9 2015 is enclosed herewith as Annexure -1.