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Torrent Power gets High Court approval for scheme of arrangement

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Capital Market
Last Updated : Oct 19 2016 | 12:03 AM IST

On 14 October 2016

Torrent Power announced that the Hon'ble High Court of Gujarat, vide its Oral order dated 14 October 2016 (placed on website of the Hon'ble High Court of Gujarat on 17 October 2016), has sanctioned the Scheme of Arrangement in the nature of Transfer and vesting of the Solar Energy Undertaking as well as Wind Energy Undertaking of Torrent Solargen by way of slumpsale to Torrent Power.

The certified copy of the High Court order is awaited.

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First Published: Oct 18 2016 | 2:38 PM IST

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