General Announcement::General Announcement

Issuer & Securities

Issuer/ Manager
VIDEOCON INDUSTRIES LIMITED
Securities
VIDEOCON US$75.2M 2.8%CB201231 - XS1334578017 - 38UB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
17-Oct-2018 19:06:15
Status
New
Announcement Sub Title
General Announcement
Announcement Reference
SG181017OTHRCT5P
Submitted By (Co./ Ind. Name)
Videocon industries Limited Kaustubha Sahasrabudhe
Designation
Company Secreatry
Effective Date and Time of the event
17/10/2018 17:00:00
Description (Please provide a detailed description of the event in the box below)
We would like to inform you that IDBI Bank Limited has vide its letter dated September 17, 2018 withdrawn nomination of Mr. Sanjiv Kumar Sachdev from the Board of Directors of the Company w.e.f. September 17, 2018.

Accordingly, Mr. Sanjiv Kumar Sachdev, tendered his resignation from the office of Board of Directors of the Company w.e.f. 19th September, 2018. The Resolution Professional shall place the same for acceptance in the next meeting of the Committee of Creditors as required u/s 28 of the Insolvency and Bankruptcy Code 2016.

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