HSIL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 10, 2016 has approved a Scheme of Arrangement between the Company and HHRPL (a wholly owned subsidiary of the Company) and their respective Shareholders and creditors for demerger of the retail business undertaking of HHRPL into the Company, subject to requisite approvals. HSIL Ltd has informed BSE regarding the details of Voting results at the Court Convened Meeting of shareholders of the Company held on January 06, 2017, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizer's Report and Proceedings of the Meeting in this regard. (As per BSE Announcement dated on 07.01.2017) Dear Sirs, In furtherance to the approvals received from NSE dated 13th October, 2016 and BSE dated 14th October, 2016 for the Composite Scheme of Arrangement ('Scheme') between HSIL Limited ('Company'), Hindware Home Retail Private Limited ('HHRPL') and their shareholders and creditors, this is to inform you that the NCLT, Kolkata Bench has passed an order dated 4th May 2017 (received by the company on 5th May 2017 ) approving the said scheme. The copy of the said order is attached for your perusal. Kindly take the above information on record. (As Per BSE Announcement Dated On 08/05/2017)