This is to inform you, that the Board of Directors of the Company, through a Circular Resolution passed on 3rd May, 2024, has approved the sale of Solar Power Division of the Comany, situated at Bawdi Barsinga, P.O. Bap, Tehsil Phalodi, Dist. Jodhpur, Rajasthan, to SML Electricals India Pvt Limited/any of its Affiliates/Assign, by way of Slump Sale and on going concern basis, at a consideration of Rs. 8.20 Crore.