04:52 PM, 22nd Dec 2025
Pursuant to the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016 initiated on 30th November 2021 the National Company Law Tribunal (NCLT) on 29 August 2025 (NCLT Order date) approved the Resolution Plan submitted by Ocean Capital Market Limited (Successful Resolution Applicant or SRA or OCML). As per the terms of the approved Resolution and in accordance with applicable provision of the Companies Act 2023 SEBI Regulations and other applicable laws the equity shares of the Company have been allotted to the following persons: 3000000 equity shares of the Company to SRA on 29 September 2025 73500000 equity shares to AIF nominated by SRA (out of which 23381502 allotted on 13 October 2025 and balance 50118498 allotted on 22 December 2025) 1500000 equity shares to Assenting Financial Creditors on 13 October 2025The meeting was concluded at 16:40 Hours. You are requested to take the above information on record.