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| Exchange Received Time 03/02/2018 16:12:51 Exchange Disseminated Time 03/02/2018 16:12:57 Time Taken 00:00:06 | Pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015 & (including all other applicable SEBI laws, rules, regulations and disclosures etc.) and further to the intimation made to the Stock Exchanges on November 10, 2017, we would like to inform that Windsor Machines Limited (the Company) has entered into an 'Investment Agreement' on February 2, 2018 with R Cube Energy Storage Systems LLP (R Cube Energy) for making strategic investment to develop Energy Storage Solution Systems.
As per the Investment Agreement Windsor Machines Limited shall acquire 55% partnership interest in R Cube Energy. The Investment Agreement is subject to the approval of shareholders, through Postal Ballot process, to amend the main object clause of the Memorandum of Association of the Company. |
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