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Vardhman Industries Ltd. - Withdrawal Of Suspension Of Trading

| Updated on December 28, 2018 Published on December 28, 2018

We refer to our letter and communication addressed to you dated 21stDecember 2018 (copy annexed) by which we had informed you that Thursday 3rd January 2019 should be the record date to suspend trading of our equity shares to enable a later delisting of such equity shares in accordance with the resolution plan of JSW Steel Limited.

However, since then, JSW Steel Limited has informed us that they plan to seek certain clarifications/modifications to the order of Honble NCLT dated 19th December 2018 approving their resolution plan. We have already informed the exchange of the same.

Therefore, we hereby withdraw our request and intimation to fix 3rd January 2019 as the record date to suspend trading of our equity shares to enable a later delisting of such equity shares in accordance with the resolution plan of JSW Steel Limited.

Till we inform you otherwise, once relevant and appropriate clarifications/modifications to the aforesaid order of Honble NCLT dated 19th December 2019 has been received from appropriate forums or as otherwise required in accordance with applicable law, our equity shares do not need to be suspended from trading.

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Source : BSE - www.bseindia.com

Published on December 28, 2018
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