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Outcome of board meeting of Orient Green Power Company

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Capital Market

Held on 17 November 2015

Orient Green Power Company announced that the Investment and Borrowing Committee Meeting of Board of Directors of the Company, at their meeting held on 17 November 2015, has approved to enter into a Memorandum of Understanding (MoU) with Chandrabhan Katewa to divest 26% equity shares held by the Company in Sanjog Sugars & Eco Power through an investment vehicle to be identified by Chandrabhan Katewa subject to all required approvals.

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First Published: Nov 18 2015 | 7:47 PM IST

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