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Tilaknagar Industries Ltd. - Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors

| Updated on July 25, 2019 Published on July 25, 2019

Pursuant to Regulation 30 read with Schedule III, we wish to inform you that an application has been filed by State Bank of India, the financial creditor of the Company before National Company Law Tribunal, Mumbai (Tribunal) under Section 7 of the Insolvency & Bankruptcy Code claiming default by the Company in repayment of the financial obligation amounting to Rs. 246.48 Crores. The abovementioned application is yet to be admitted by the Tribunal.

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Source : BSE - www.bseindia.com

Published on July 25, 2019
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