Deltatech Gaming Limited (formerly known as Gaussian Networks Private Limited) ("DGL"), a wholly owned subsidiary of Delta Corp Limited (the "Company"), has filed a draft red herring prospectus dated June 16, 2022 ("DRHP") with the Securities and Exchange Board of India, for a proposed initial public offering, comprising a fresh issue of its equity shares of face value of Re. 1 each ("Equity Shares"), for an amount aggregating up to Rs. 3,000 million and an offer for sale of the Equity Shares held by the Company, for an amount aggregating up to Rs. 2,500 million ("OFS") (the "Offer"). The IPO includes the following proposed reservations: - by the eligible employees ofDGL and the Company; and - by the eligible public equity shareholder(s) of the Company (excluding such other persons not eligible under applicable laws, rules, regulations and guidelines). In connection with the aforementioned Offer, the board of directors of the Company, at its meeting held today, i.e., June 16, 2022, accorded its approval for participating in the OFS in the Offer. The IPO will be subject to market conditions, receipt of applicable approvals and other considerations. Upon completion of the Offer, DGL will continue to be a subsidiary of Delta Corp Limited. Shares of Delta Corp Limited was last trading in BSE at Rs. 163.85 as compared to the previous close of Rs. 176.50. The total number of shares traded during the day was 730286 in over 12715 trades. The stock hit an intraday high of Rs. 178.90 and intraday low of 162.10. The net turnover during the day was Rs. 122889832.00.

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