Widely read:
Dear Madam/Sir Sub.: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Pursuant to Regulation 30 of SEBI (listing Obligations and Disclosure Requirements) Regulations 2015 (LODR) and in accordance with the requirements of sub-clause 16(c) of Clause A of Part A of Schedule III of LODR we wish to inform you that National Company Law Tribunal Chennai Bench (NCLT) in the matter CP/IB/137/CHE/2021 has pronounced the order on 11th March 2022 for admitting the Company into the Corporate Insolvency Resolution Process (CIRP) as per the provisions of the Insolvency and Bankruptcy Code 2016 (IBC) read with the rules and regulations framed there under (Code). Copy of the order of the National Company Law Tribunal Chennai Bench (NCLT) is enclosed herewith for your perusal.
