Ramkrishna Forgings Ltd – 532527 – Announcement under Regulation 30 (LODR)-Acquisition

Source: BSE

Company: Ramkrishna Forgings Ltd

Pursuant to Regulation 30 of the LODR Regulations, we wish to inform you that the resolution plan submitted for the corporate insolvency resolution of ACIL Limited by Ramakrishna Forgings Limited as the resolution applicant has been approved by the committee of creditors of ACIL Limited at its meeting held on 14 August 2019, under the terms of the Insolvency and Bankruptcy Code, 2016 and subject to obtaining necessary approval from the Principal Bench of the National Company Law Tribunal, New Delhi. We have also accepted the letter of intent dated 14 August 2019, issued to us by the committee of creditors of ACIL Limited

Click to View: Ramkrishna Forgings Ltd

0 Reviews

Write a Review

Read Previous

Buy GAIL Ltd (GAIL); Target Rs. 138

Read Next

Hold Glenmark Pharmaceuticals Ltd (GLEN); Target Rs. 345

Leave a Reply

Your email address will not be published. Required fields are marked *

Translate »