KLG SYSTEL LTD. - Updates on Order of Winding-up passed by Hon'ble High Court of Punjab and Haryana

KLG Systel Ltd has informed BSE that the Hon'ble High court of Punjab and Haryana has passed winding up order against the Company at the hearing held on January 20, 2014 in the Company Petition No.143 of 2012 "The Bank of New York Melon Vs. M/s. KLG Systel India Ltd." and other Company petitions.<br/><br/>The Hon'ble Company Judge Mr. Rajiv Narain Raina has order to appoint the Official Liquidator.<br/><br/>Copy of the order dated January 21, 2014 is not yet received.