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Websol Energy Systems on Tuesday expressed its regret for not announcing its Q1 results, which was originally scheduled to be announced on July 25, due to delay in implementing the new accounting policy required under IND AS. However, it said it was ‘pleased’ to inform the bourses that ‘no dues’ certificate from Federal Bank has been taken on record. The board has approved another expansion of 100 MW of its cell line capacity, thereby taking it to 280-300 MW.
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