General Announcement::Resolution Plan submitted for Vardhman Industries Limited

Issuer & Securities

Issuer/ Manager
JSW STEEL LIMITED
Securities
JSWSTEELUS$500M4.75%N191112 - XS1133588233 - 20PB
JSWSTEELUS$500M5.95%N240418 - XS1981202861 - VA4B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-Apr-2019 22:00:22
Status
New
Announcement Sub Title
Resolution Plan submitted for Vardhman Industries Limited
Announcement Reference
SG190418OTHRWXM7
Submitted By (Co./ Ind. Name)
JSW Steel Limited
Designation
Company Secretary
Effective Date and Time of the event
18/04/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Hon ble NCLT has, by its order dated April 16, 2019 which was received by us today (the NCLT Clarification Order ) allowed the application seeking modifications/clarifications to the NCLT Order in part. Since certain important reliefs sought by the Company, that has a material bearing on the feasibility and viability of the resolution plan, have not been granted, the Company will be appealing against the said Order dated 16.04.2019 before relevant judicial forums.

Attachments

2019.04.18 - SE Intimation Vardhman.pdf
Total size =77K