News Announcement

Rainbow Denim: Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 we wish to inform you that the second meeting of Committee of Creditors (COC) of the Company was held on Monday 27th January 2020 in accordance with the provisions of Insolvency and Bankruptcy Code 2016.

We wish to further inform you that at the said meeting of the Committee of Creditors (COC) the progress of the Corporate Insolvency Resolution Process was reviewed and way forward was discussed.

We request you to kindly take the note of the same.

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