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| Exchange Disseminated Time 12/01/2016 12:08:49 | | With reference to the earlier communication on September 24, 2013 regarding "Preliminary Transfer of Business Agreement" entered into by Winter Machines S.r.l., a second layer subsidiary of Windsor Machines Limited, for leasing the business of Italtech S.p.A, with Italian authorities under Italian Bankruptcy Law, with the aim of buying the same in a predetermined time period, Windsor Machines Ltd has now informed BSE that Wintal Machines S.r.l. has fulfilled the conditions of the above mentioned agreement and has acquired the business of Italtech S.p.A on an ownership basis by entering into a New Agreement with the Italian Authorities under Bankruptcy Law. |
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