News Announcement

Thiru Arooran Sugars: Corporate Insolvency Resolution Process (CIRP)-Admission of application by Tribunal

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the Court 2 of the Chennai Bench of the National Company Law Tribunal (NCLT) has Vide its order dated June 07 2019 admitted the Petition/Application No.1BA 243/2019 filed by State Bank of India under Section 7 read with Rule 4 of the Insolvency and Bankruptcy Code 2016 and appointed Mr R Raghavendran having Reg. No IBBI/IPA-OOl/IP-POO211/2017-18/10411 as the Interim Resolution Professional with effect from June 07 2019. Copy of the aforesaid Order of the NCLT is attached.

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