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Ashapura Minechem Ltd.

BSE: 527001 Sector: Metals & Mining
NSE: ASHAPURMIN ISIN Code: INE348A01023
BSE 00:00 | 23 Jul 20.65 0.95
(4.82%)
OPEN

20.65

HIGH

20.65

LOW

20.65

NSE 00:00 | 23 Jul 20.80 0.95
(4.79%)
OPEN

20.80

HIGH

20.80

LOW

20.80

Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations

June 12, 2019, 5:24 pm | Source: BSE | Downlaod PDFDownload PDF

In this connection and as previously informed the Corporate Insolvency Resolution Process (CIRP) has been initiated against the Company and the powers of the Board of Directors are suspended in terms of the provisions under Section 17 of the Insolvency & Bankruptcy Code 2016 Accordingly in my capacity of the Interim Resolution Professional (IRP) and to comply with the provisions of the Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations) do hereby nominate and appoint Mr. Ajay
Phalod as Chief Executive Officer (CEO) of the Company and Mr. Ashish Desai as Chief Financial Officer (CFO) of the Company with immediate effect to carry out the functions / duties as may be entrusted upon them in terms of provisions of the Companies Act 2013 Listing Regulations
and/or any other applicable legislation till the time the Company is under CIRP.