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Resolution Plan For Alok Industries Limited- Update

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

Further to our intimation dated April 15, 2018 on the subject, we wish to inform you that in connection with the resolution plan submitted by JM Financial Asset Reconstruction Company Limited and Reliance Industries Limited, we have received the following communication from the Resolution Professional today:

"This is with reference to the resolution plan dated April 12, 2018 submitted by the Resolution Applicants ("Resolution Plan") for the corporate insolvency resolution process of Alok Industries Limited ("Company").

Pursuant to the order dated 11th June 2018 passed by the Honble National Company Law Tribunal(Ahmedabad), the Resolution Plan was put to vote before the committee of creditors ("CoG) of the Company on 20th June 2018. Pursuant to the voting, the Resolution Plan has received the assent of
72. 192% of the voting share of the CoG."

Kindly take the same on record.

Pdf Link: Resolution Plan For Alok Industries Limited- Update

Source : BSE - www.bseindia.com

Published on June 22, 2018
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