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Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Remi Elektrotechnik has informed that the Board of Directors of the Company at its today’s board meeting have decided to dispose off the windmill undertaking having capacity of 1650kw, after expiry of the Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) and PPA is not being renewed by the MSEDCL. The Board Meeting commenced at 2.00 pm and concluded at 2.30 pm.

The above information is a part of company’s filings submitted to BSE.

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