News Announcement

Housing Development And Infrastructure: Announcement under Regulation 30 (LODR)-Press Release / Media Release

Clarification /Confirmation on news item appearing in Media/Publication1. Pursuant to the said Public Announcement Financial Creditors including Indian Bank (including erstwhile Allahabad Bank) submitted their claims which were accepted by the RP. 2. Based on the claims received from financial creditors CoC (including Indian Bank) was formed as per provisions under the Code and authorised representative of Indian Bank are regularly attending the meetings of CoC. 3. The foregoing submission is by the undersigned in his capacity as RP and the RP cannot comment on the matters relating to erstwhile Promoters of the Company referred in the said news item.Kindly take the same on record.

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