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ORIENT GREEN POWER COMPANY LTD. - Outcome of Board Meeting
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04 Feb 2016
Orient Green Power Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 04, 2016, inter alia, has approved the following:&lt;BR&gt;&lt;BR&gt;1. Change in Designation:&lt;BR&gt;&lt;BR&gt;Mr. R. Sundararajan, who is the Independent Director in the Board of the Company is being re-designated as Non- Executive and Non- Independent Director with immediate effect, since he has become an advisor in one of our promoter companies M/s. SVL Limited.&lt;BR&gt;&lt;BR&gt;2. Slump sale of Wind Assets by wholly owned subsidiary of the Company&lt;BR&gt;&lt;BR&gt;M/s. Bharath Wind Farm Limited, a wholly owned subsidiary of the Company is selling its Wind Assets situated in Tamil Nadu by way of Slump Sale to its subsidiary M/s. Clarion Wind Farm Private Limited (a Step-down Subsidiary of the Company) for a value not exceeding Rs. 20 Crores.
View all announcements for ORIENT GREEN POWER COMPANY LTD. Source: BSE India