Anant Raj to Incorporate Wholly Owned Subsidiary in Singapore

Anant Raj Ltd's Finance and Investment Committee has approved the incorporation of a wholly-owned subsidiary in Singapore. The new entity, named Anant Raj Cloud Singapore Pte. Ltd., will focus on providing Data Center, Co-location, and Cloud services, including artificial intelligence (AI) services. These services will leverage the data center and cloud infrastructure currently being developed by Anant Raj. The initial subscription for 100% shareholding will be 1,000 shares of SGD 1 each, totaling SGD 1,000, with plans for subsequent capital increases. This strategic move signifies Anant Raj's expansion into international cloud and data center markets.