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Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (C

08:48 PM, 4th Nov 2022

This is in furtherance to our earlier disclosures dated 15th October 2022 pursuant to which we had informed you of the details of the resolution plan submitted by AM Mining India Private Limited (theResolution Applicant) with respect to the corporate insolvency resolution process of Uttam GalvaSteels Limited (Corporate Debtor) which the Honble National Company Law Tribunal Mumbai had approved pursuant to an order dated 14th October 2022 under Section 31 of the Insolvency and Bankruptcy Code 2016 (Order).This is to inform you that pursuant to and in accordance with the Order a meeting of the Monitoring Committee of the Corporate Debtor is proposed to be held on November 10 2022 (Thursday) to interalia consider and approve the unaudited financial results of the Corporate Debtor for the second quarter and half year ended 30 September 2022.

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