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Outcome of board meeting of Karma Energy

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Capital Market
Last Updated : Feb 20 2018 | 6:04 PM IST

Held on 20 February 2018

The Board of Directors of Karma Energy at its meeting held on 20 February 2018 have resolved to Revoke the Resolution passed on 17 November 2017 in respect of acquisition of 7.2 MW Wind Farm from Weizmann Forex (WFL) through a process of scheme of demerger of the wind power division of WFL.

The Board has decided to pursue the acquisition of wind power division of WFL post the completion of WFL's process of raising funds.

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First Published: Feb 20 2018 | 5:55 PM IST

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