Shriram EPC Ltd has informed BSE that the Board of Directors at their meeting held on May 16, 2008, passed a resolution approving the Business Transfer Agreements in respect of transfer of the business of Manufacturing and Marketing of wind turbines of 250 kilowatt capacity to Leitner Shriram Manufacturing Ltd and Shriram Leitwind Ltd respectively, which requires approval of the members by an ordinary resolution through postal ballot as required under Section 192A of the Companies Ad, 1956.