Swelect Energy Systems has informed that the Hon’ble High Court of Madras has sanctioned the Scheme of Amalgamation of the wholly owned subsidiary Company namely HHV Solar Technologies with the Company vide an order dated October 18, 2016 and issued a certified true copy of the order on December 12, 2016 and the same has been handed over to us by the legal council on December 16, 2016.
The above information is a part of company’s filings submitted to BSE.