The Board of Directors of the Schneider Electric Infrastructure Limited at their meeting held on October 31,2018, have considered and approved shifting of Automation operations from 172, Poonamallee Bye Pass Road, Poonamallee, Chennai, Tamil Nadu to factory located at Milestone 87, Vadodara, Halol Highway, Village Kotambi, Post Office Jorad, Vadodara in order to consolidate the manufacturing facilities of the Company. The shifting will not materially impact the turnover or revenue or income of the Company as the operations will continue at Vadodara location.