Corporate Office:

A-41, Mohan Cooperative Industrial Estate,

New Delhi-110044

CORPORATION LIMITED Ph No: 011-71546500 Email: info@wellesleycorp.com

CIN: L45202UR1991PLC000604

Website: www.wellesleycorp.com

Date: 15/12/2021

To,

The General Manager Corporate Relationship Department, BSE Limited I* Floor, New trading Ring, Rotunda Building, P] Towers, Dalal Street, Fort, Mumbai-400001

Script Code/Symbol: 532016/Wellesley

Sub: Outcome of Board meeting

Dear Sir/Madam,

We wish to inform you that the Board of Directors in their meeting held today has taken the following decisions:

1) To change the name of the company from Wellesley Corporation Limited to Espire Hospitality Limited. Approval in this regard has been received from ROC vide letter dated 08.12.2021 (Copy Enclosed )

2) Alteration of MOA and AOA of the Company with respect to the change of name of the Company;

3) Approved the Postal Ballot notice seeking approval of Shareholders to change the proposed name of the company

4) To apply to BSE Limited seeking approval for change of name of the company.

Further, the Board Meeting commenced at 12:30 P.M. and concluded at 01:20 P.M Kindly take this communication on records and inform the same to your members.

Thanking You, Yours faithfully,

For & on behalf of the Board

Welle Corporation Limited

hte

(Sumeer Narain Mathur)

Company Secretary, Chief Financial Officer & Compliance officer

Membership No: FCS9042

Encl: As above (1]

Regd. Office: Shop No.-1, Country Inn - Mehragoan, Bhimtal, Uttarakhand - 263132

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS

OFFICE OF THE REGISTRAR OF COMPANIES Central Registration Centre

Indian Institute of Corporate Affairs (IICA), Plot no. 6,7,8, Sector 5, IMT Manesar, Gurgaon, Haryana, India, 122050

Dated: 08-12-2021

To,

WELLESLEY CORPORATION LIMITED Shop No. 01, Country Inn, Mehragaon Bhimtal, Nainital, Uttarakhand, India, 248179

Subject: Company's name change- ESPIRE HOSPITALITY LIMITED - Availability of name under Section 4(5) of the Companies Act, 2013.

Sir/Madam

|. With reference to your application dated 06-12-2021 (SRN T62126255).It is informed that there is no objection in the availability of the changed name ESPIRE HOSPITALITY LIMITED from the existing name WELLESLEY CORPORATION LIMITED to your company.

2. Still it must be taken care that the proposed name cannot be made available for a period exceeding 60 days from the date of approval and this approval does not grant any kind of right of privilege. The name is liable to be withdrawn at any time before approval of the name change, if it is found later on that the name ought not to have been allowed. 3. It is allowed subject to the compliance of Section 4(2), 4(3) and other applicable provisions of the Companies Act, 2013.

Yours sincerely,

KAMAL HARJANI

Registrar of Companies Central Registration Centre, Ministry of Corporate Affairs

Note: The corresponding form has been approved by KAMAL HARJANI , null and this letter has been digitally signed by the Registrar through a system generated digital signature under rule 9(2) of the Companies (Registration Offices and Fees) Rules, 2014.