VSF Projects Limited announced that with reference to the intimation dated November 9, 2021 about receipt of formal approval from Ministry of Commerce & Industry Department of Commerce (SEZ Section), Government of India for Setting up of a Multi-Product Free Trade Warehousing Zone and in accordance with the new objects approved by way of postal ballot by members on 9 January, 2021, it hereby submit that the Company shall venture into new line of business of Free Trade Ware housing Business. Free Trade Warehousing Zone are a special category of free trade zones and have a focus on trading and warehousing. The zones are to provide world class infrastructure for warehousing for numerous kinds of products, handling and transportation equipment, commercial office space, related utilities, power, water etc. and further, one step clearance of import and export goods. In addition to efficient and appropriate warehousing, they offer speedy delivery of cargo, single window customs clearance capability, Integrated solutions involving Added services such as packing management, sorting, inspection.re-invoicing, strapping & kitting, assembly of complete and semi knocked down kits and also major taxation benefits.