11:16 AM, 5th Jan 2023
Pursuant to Regulation 30 (2) of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations 2015 (SEBI LODR) read with Schedule III of SEBI LODR we wish to inform you that in furtherance to our intimation sent to the Stock Exchange(s) on May 31 2022 September 13 2022 and November 11 2022 the Honble National Company Law Tribunal Principal Bench New Delhi (NCLT) has pronounced an order dated December 02 2022 under section 7 of the Insolvency and Bankruptcy Code 2016 in (Liq) (copy attached) R/W Rule 11 of NCLT Rules 2016 uploaded on the website of NCLT on January 04 2023 ordering extension of 60 days i.e. till January 22 2023 for completion of Liquidation process on a going concern basis.