Sylph Technologies informs about agreement to acquire

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the SEBI Listing Regulations, Sylph Technologies has informed that the Board of Directors of the company have approved the execution of a Term Sheet • Acquisition of 25% of the equity shares (on a fully diluted basis) of Semitrone Conchem. a public company incorporated under the provisions of the Companies Act, 2013, bearing CIN: U24304GJ2018PLC100836. The brief details are attached as Annexure A.
The above information is a part of company’s filings submitted to BSE.