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Torrent Power provides update on scheme of amalgamation

Capital Market 

Scheme becomes effective on 01 December 2016

announced that the Company has filed the Certified Copy of Order of Hon'ble High Court of Gujarat, sanctioning the Scheme of Arrangement which provides for the Transfer and vesting of the Solar Energy Undertaking as well as Wind Energy Undertaking of Torrent Solargen by way of slump sale to Torrent Power, with the Registrar of Companies, Gujarat, Dadra and Nagar Haveli at Ahmedabad on 01 December 2016 and accordingly the Scheme has become effective on 01 December 2016 with Appointed Date being 01 April 2015.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, December 02 2016. 10:57 IST