Further to our disclosure dated May 27 2024 and June 7 2024 pertaining to the IA 2561/2024 in C.P.(IB)/1231(MB)2021 filed by the Successful Resolution Applicant under Section 60(5) of the Insolvency and Bankruptcy Code 2016 read with Rule 11 of the National Company Law Tribunal Rules 2016 for seeking an extension of 90 days from May 27 2024 for the implementation of the Approved Resolution Plan we hereby inform you that the matter was heard on June 13 2024 by the Honble NCLT. The NCLT Bench directed the matter to be listed on June 20 2024. We are awaiting a copy of the order and shall keep the Stock Exchanges updated on the matter.
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