Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 kindly note that the application filed by the Resolution Applicant (Consortium of Haldiram Snacks Pvt. Ltd. And Pioneer Securities Pvt. Ltd) of Kwality Limited (a company undergoing corporate insolvency resolution process under the provisions of Insolvency and Bankruptcy Code 2016) was listed for hearing on 14.11.2019 before Honble NCLT New Delhi (Honble NCLT). Honble NCLT has been pleased to grant further extension of three weeks of the CIRP and directed the Committee of Creditors to consider the improved offer made by the Resolution Applicant. A copy of the Order dated 14.11.2019 passed by Honble NCLT is enclosed herewith for your records. Kindly take the above information on your record.
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