News Announcement

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

Dear Sir/Madam

Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 kindly note that the fourth meeting of CoC of Kwality Limited was convened and conducted as per the provisions of the Insolvency and Bankruptcy Code 2016 (Code) on 8th April 2019 at 03:00 PM at The Claridges Viceroy Hall 12 Dr. A P J Abdul Kalam Road New Delhi - 110011 to discuss the following matters:
1. Voting results from the 3rd CoC meeting
2. Ratification items for the 4th CoC meeting
3. Update on Expression of Interests received from prospective resolution applicants
4. Updated status of financial claims and CoC Voting share

Kindly take note of the above and update on record in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

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