03:29 PM, 20th Feb 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 January 5 2023 the Honble National Company Law Tribunal Principal Bench New Delhi (NCLT) has pronounced an order dated January 31 2023 under section 7 of the Insolvency and Bankruptcy Code 2016 (Liq) (copy attached) R/W Rule 11 of NCLT Rules 2016 cited on the website of NCLT today ordering further extension of 60 days i.e. till March 23 2023 for completion of Liquidation process on a going concern basis.