Gajra Bevel Gears Share Price

This is in continuation with our letter No. GBGL/SE/RP/NK/2021-22 dated 15th December 2021 related to submission of the Liquidation order passed by the Honble National Company Law Tribunal Indore Bench at Ahmedabad on dated 10th December 2021.The Public Announcement for inviting claims from the stakeholders under Regulation 12 Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations2016 was already given and for which the last date for submission of claims is mentioned in the Public announcement is 12th January 2022.

Submission of Order for initiation of Liquidation of Corporate Debtor M/s Gajra Bevel Gears Limited.

Submission of Press Clipping Related to extract of Standalone Un-Audited Quarterly Financial Results for the Half year/Quarter ended on 30th September 2021.<BR> Pursuant to Regulation 30 read with Schedule III Part A(A) and in compliance of Regulation 47(1)(b) of SEBI (LODR) Regulations 2015 regarding extract of Standalone Un-Audited Quarterly/Half yearly Financial Results for the Half Year/Quarter ended on 30th September 2021 was approved by the RP on Saturday 13th November 2021 as the company is undergoing CIRP.<BR> We herewith enclose the newspaper advertisement published on 16.11.2021 in Free Press Journal English edition and Chotha Sansar Hindi edition.<BR> You are requested to please take on record our above said information for your reference and record.<BR>

As your good self is already aware that Gajra Bevel Gears Ltd. is undergoing CIRP vide Honble National Company Law Tribunal Indore Bench at Ahmedabad Order dated 12th June2020 (Order) in terms of the provisions of Insolvency and Bankruptcy Code2016 and the regulations framed thereunder. Pursuant to the said Order and in accordance with the provisions of IBC the powers of the Board of Directors and responsibility for managing the affairs of the Company are vested with Mr. Navin Khandelwal in his capacity as the Resolution Professional (RP) of the Company.<BR> This is to inform you that the Resolution Professional has considered and approved the un-audited Financial Results of the Company for the Half year/quarter ended 30th September 2021. In accordance with Regulation 30 and 33 of the SEBI (LODR) Regulations 2015 the Unaudited Financial Results and Limited Review Report by the Auditors for the Half year/ quarter ended on 30th September2021 are enclosed herewith.

Gajra Bevel Gears Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30 2021. For more details kindly <a href=http://www.bseindia.com/corporates/shpSecurities.aspx?scripcd=505711&qtrid=111.00>Click here</a>