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Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

| Updated on June 22, 2018 Published on June 22, 2018

Our Company has received a letter from Asset Reconstruction Company (India) Limited [Arcil] dated 18.06.2018 regarding in principal approval of proposal for settlement of our dues for a sum of Rs. 100 Lakhs, which was received by our Company on 21.06.2018.

The above dues are in relation with the Working Capital Loan taken from Dena Bank, which was later declared as non-performing asset by the Bank in the year 2011-12 to the tune of Rs. 2.62 Crores. Now, it will be settled as per the terms of letter received form Arcil mentioned above.

Pdf Link: Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

Source : BSE - www.bseindia.com

Published on June 22, 2018
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