Outcome Of The Board Meeting Held On 10Th April, 2018.
With reference to our outcome of Meeting dated 10th April, 2018 submitted yesterday, please note that the section 180(1)c) mentioned in our letter should be read as Section 180(1)(a) of the Companies Act 2013. We regret the inconvenience caused due to this typographical error. Corrected letter is as below: Sub: OUTCOME OF THE BOARD MEETING HELD ON 10th April, 2018... Sub: OUTCOME OF THE BOARD MEETING HELD ON 10Th April, 2018
This has a reference to the notice under Regulation 30 of the Securities and Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015 ('Regulations), regarding meeting of the Board of Directors held on Tuesday, 10th April, 2018 at Registered Corporate Office of Company at Mercantile Chambers, 12 J.N. Heredia Marg, Ballard Estate, Mumbai - 400 001. Meeting Commenced on 5.15 p.m. and concluded at 6.00p.m. on 10th April, 2018... Binani Industries moves apex court to end insolvency proceedings against cement arm
Informs NCLT of its prayer to top court, which will hear plea on April 13 The battle to take control of Binani Cement may end up in the country's top court
The battle to take control of Binani Cement may end up in the country's top court"We are moving the Supreme Court for sure. We have assurance of support from most of the lenders for this move," a Binani group spokesman told PTI. Clarification Of News
Binani Industries Limited has filed an application for termination of the Company Insolvency and Resolution Proceedings (CIRP) of its subsidiary Binani Cement Limited and the matter is sub-judice. We will keep the exchange informed as soon as a final decision or other reportable event occurs. Road to insolvency: Binani promoters sweeten offer to lenders by Rs 2.5 bn
On Wednesday, the creditors had turned down the promoters' proposal for an out-of-court settlement, citing legal issues Clarification Of News
Binani Industries Limited has filed an application for termination of the Company Insolvency and Resolution Proceedings (CIRP) of its subsidiary Binani Cement Limited and the matter is sub-judice. We will keep the exchange informed as soon as a final decision or other reportable event occurs. Clarification sought from Binani Industries Ltd
The Exchange has sought clarification from Binani Industries Ltd with respect to news article appearing on economictimes.indiatimes.com and www.moneycontrol.com - April 04, 2018 and April 5, 2018 titled "Binani lenders want Supreme Court stamp for UltraTech deal" and "Binani Cement's CoC decides to stick with Rs 6,350 crore offer from Dalmia Bharat Cement".The reply is awaited. OUTCOME OF THE BOARD MEETING HELD ON 3Rd April, 2018
This has a reference to the notice under Regulation 33 of the Securities and Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015 ('Regulations), regarding meeting of the Board of Directors held on Tuesday, 3rd April, 2018 at Registered Corporate Office of Company at Mercantile Chambers, 12 J.N. Heredia Marg, Ballard Estate, Mumbai - 400 001. Meeting Commenced on 8.30 p.m. and concluded at 9.25 p.m. on 3rd April, 2018... Binani Cement lenders to meet Wednesday, consider out-of-court settlement
Binani Industries had moved the NCLT for termination of insolvency proceedings, after it received a comfort letter from UltraTech Cement of about Rs 72 billion