Sterling and Wilson Renewable Energy Ltd - 542760 - Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015
In continuation to the disclosures filed by the Company on November 24, 2023 and December, 10, 2023 we would like to inform that, as intimated by Union Bank of India ("UBI") (Lead Banker to the Consortium), all the lenders of Sterling and Wilson Renewable Energy Limited ("the Company") have confirmed that the Company has fulfilled all its obligations of loan payment (without any restructuring or discount) as envisaged in the Inter Creditor Agreement and Resolution plan and further is also not in default with any of the lenders as on 180th day from the end of Review period. Consequently, the Resolution plan as approved by all lenders is considered fully implemented.02-05-2024