Tranche Update on Mortice Limited's Equity Buyback Plan announced on October 11, 2017.

Mortice Limited is an investment holding company. The Company operates as a security and facilities management company. The Company's segments include facility management, guarding service and others. The facility management segment is engaged in the provision of facility management services. The guarding service segment is engaged in the provision of guarding services. The others segment includes sale and installation of safety equipment. Its operations are spread across India, the United Kingdom, Singapore and Sri Lanka. In India, the Company operates under two brands: Peregrine, which is engaged in the provision of guarding and security services to a range of clients, such as smaller businesses, commercial and private properties, and individuals, and Tenon, which is engaged in the provision of a range of facilities management services to corporate occupiers, owners and developers of real estate. Within the Tenon brand, the Company also offers security surveillance services.