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Panyam Cements & Mineral Industries Ltd - 500322 - Synopsis Of The Approved Resolution Plan Pursuant To Disclosure Dated 19 July 2021 Under Regulation 42 Of SEBI LODR,

Pursuant to Regulation 30 (2) of LODR and in accordance with the requirements of sub-clause 16(g) of Para A of Part A of Schedule III of LODR, we wish to inform that the relevant extracts/synopsis of Resolution Plan approved by the Hon''ble National Company Law Tribunal ('NCLT') vide order dated 25 June 2021 read with revised order dated 10 July 2021 with respect to the shareholders.
27-07-2021
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Panyam Cements & Mineral Industries Ltd - 500322 - Intimation & Disclosure Of The Meeting Of Implementation And Monitoring Committee Of Panyam Cements And Mineral Industries Limited Pursuant To Regulation 30(2) Of Securities And Exchange Board Of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 ('LODR').

Pursuant to Regulation 30 (2) of LODR and in accordance with the requirements of sub-clause 16(g) of Para A of Part A of Schedule III of LODR, we wish to inform that the Meeting of Implementation and Monitoring Committee of Panyam Cements and Mineral Industries Limited was scheduled on 23rd July 2021 at 05:00 P.M. IST through Audio/Video conferencing, for which notice to the IMC Members has been sent on 23rd July 2021. The IMC Members had discussed in the meeting with respect to the (revised) distribution of the amount to the secured financial creditors including unsecured as per the approved resolution plan.
26-07-2021
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PANYAM CEMENTS & MINERAL INDUSTRIES LTD. - 500322 - Receipt Of The Rectified/Certified Orders (Dated 10Th July 2021) From The Hon'Ble NCLT For The Approval Of The Resolution Plan And Extension Of The AGM For The FY 2019-20.

Pursuant to Regulation 30 (2) of LODR and in accordance with the requirements of sub-clause 16(g) of Para A of Part A of Schedule III of LODR, we wish to inform that the rectified/certified copy of the orders dated 10th July 2021 with respect to the resolution plan and extension of the AGM for the FY 2019-20 received by the erstwhile resolution professional on 23rd July 2021.
24-07-2021
Bigul

PANYAM CEMENTS & MINERAL INDUSTRIES LTD. - 500322 - Balance Funds Received From The Resolution Applicant In Accordance With Approved Resolution Plan.

Pursuant to Regulation 30 (2) of LODR and in accordance with the requirements of sub-clause 16(g) of Para A of Part A of Schedule III of LODR, we wish to inform that the balance funds have been received from the resolution applicant on 22nd July 2021 towards Insolvency Resolution Process Cost and Other Stakeholders Claims in accordance with the approved resolution plan by the Hon'ble NCLT on 25th June 2021.
24-07-2021
Bigul

PANYAM CEMENTS & MINERAL INDUSTRIES LTD. - 500322 - Intimation Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015, Of Outcome Of The Implementation And Monitoring Committee Meeting Held On Wednesday, 21St July 2021

Pursuant to Regulation 30 of LODR, we wish to inform that the Implementation and Monitoring Committee of Panyam Cements and Mineral Industries Limited in its meeting held today, i.e. 21st July 2021 has approved following key agenda: 1. Issue of Equity Shares on preferential basis to Resolution Applicant(s) in order to comply with the commitment contained in the Resolution Plan approved by the Hon''ble National Company Law Tribunal vide order dated 25th June 2021 and authorized the erstwhile Resolution Professional to comply with / carry out necessary formalities in this regard. 2. Avail loan of upto INR 125 crores from the Resolution Applicant in one or more tranches as on need basis in order to comply with the commitment contained in the Resolution Plan approved by the Hon''ble National Company Law Tribunal vide order dated 25th June 2021 and authorized the erstwhile Resolution Professional to comply with / carry out necessary formalities in this regard
22-07-2021
Bigul

PANYAM CEMENTS & MINERAL INDUSTRIES LTD. - 500322 - Disclosure And Intimation Of The Decisions Taken In The Implementation And Monitoring Committee ('IMC') Of Panyam Cements And Mineral Industries Limited ('The Company'/ 'The Corporate Debtor') Pursuant To Regulation 30 Of SEBI(LODR)Regulations, 2015.

In furtherance to our letter dated 16th July 2021 to your office by the Erstwhile Resolution Professional ('ERP') of the company wherein ERP had intimated your good self about the schedule of the Implementation and Monitoring Committee Meeting of company. Pursuant to Regulation 30 (2) of LODR, we wish to inform you that the Implementation and Monitoring Committee Meeting of company was held on 19th July 2021 in accordance with the order of the Hon'ble NCLT dated 25th June 2021 to consider the way forward in relation to the approved resolution plan and related formalities including fixing the record date for the capital reduction. You are requested to please take the information on record.
19-07-2021
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Panyam Cements & Mineral Industries Ltd - 500322 - Intimation Of Record Date Pursuant To Regulation 42 Of SEBI(LODR) Regulations, 2015 For Reduction Of Equity Share Capital Of The Company Pursuant To The Resolution Plan Approved By The Hon''ble NCLT Vide Order Dated 25Th June 2021

We hereby inform you that pursuant to Regulation 42 LODR and relevant provisions of the Companies Act, 2013 read with the Insolvency and Bankruptcy Code, 2013, the Implementation and Monitoring Committee in their meeting held today has fixed Friday, 30th July 2021 as the record date for purpose of ascertaining name of the shareholders whose shares shall stand reduced and extinguished, pursuant to the Resolution Plan approved by the Hon''ble National Company Law Tribunal vide order dated 25th June 2021.
19-07-2021
Bigul

Panyam Cements & Mineral Industries Ltd - 500322 - Board Meeting Intimation for Intimation Of The Meeting Of IMC Of Panyam Cements And Mineral Industries Limited Pursuant To Regulation 29(1) Of Securities And Exchange Board Of India (LODR) Regulations, 2015.

PANYAM CEMENTS & MINERAL INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/07/2021 ,inter alia, to consider and approve Pursuant to Regulation 29 (1) of LODR, we wish to inform that the meeting of Implementation and Monitoring Committee of Panyam Cements and Mineral Industries Limited is scheduled on 21st July 2021 at 03:30 P.M. IST through Audio/Video conferencing to consider following key agenda: 1. To discuss way forward in relation to the fund's infusion by the resolution applicant in the form of equity or/and debt as per the Hon'ble NCLT order dated 25th June 2021 and relevant compliances for the same including preferential issue of shares.
17-07-2021
Bigul

Panyam Cements & Mineral Industries Ltd - 500322 - Part Fund Received From The Resolution Applicant In Accordance With Approved Resolution Plan By The Hon'Ble NCLT Vide Order Dated 25Th June 2021.

Part fund received from the Resolution Applicant in accordance with approved resolution plan by the Hon'ble NCLT vide order dated 25th June 2021.
17-07-2021
Bigul

Panyam Cements & Mineral Industries Ltd - 500322 - Intimation Of The Meeting Of Implementation And Monitoring Committee ('IMC') Of Panyam Cements And Mineral Industries Limited Pursuant To Regulation 30(2) Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ('LODR') - Updated.

Intimation of the Meeting of Implementation and Monitoring Committee ('IMC') of Panyam Cements and Mineral Industries Limited pursuant to Regulation 30(2) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ('LODR') - updated.
17-07-2021
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