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Torrent Power informs about update on scheme of arrangement

02 Dec 2016 Evaluate

With reference to the earlier letter dated November 18, 2016, Torrent Power has informed 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 December 01, 2016 and accordingly the Scheme has become effective on December 01, 2016 with Appointed Date being April 01, 2015.

The above information is a part of company’s filings submitted to BSE.

Torrent Power Share Price

1565.30 43.30 (2.84%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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