With reference to our intimation dated 23rd March, 2023 regarding sale of windmill of the Company situated at Coimbatore, Tamil Nadu, we would further like to inform you that the deal to sell the windmill to M/s. Naruvizhi Powers has been called off due to non-fulfillment of conditions subsequent of the transaction mentioned in the Term Sheet signed between the Company and M/s. Naruvizhi Powers. The Management is looking for alternative potential buyer for its aforementioned windmill.