Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd19-04-2018
19-04-2018
Compliance Certificate For The Period Ended 31St March, 2018
Compliance Certificate for the period ended 31st March, 2018.18-04-2018
Statement Of Investor Complaints For The Quarter Ended March 2018
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 4040 Name of the Signatory :- K. H. GOPALDesignation :- Authorised Signatory17-04-2018
Update
With reference to our previous disclosure dated April 15, 2018, we now wish to inform you that an application has been preferred by the Resolution Professional for liquidation of the Company with the National Company Law Tribunal at Ahmedabad on April 16, 2018.16-04-2018
Certificate Under Regulation 40 (9) Of The SEBI (Listing Obligations & Disclosure Requirements), 2015 For Year Ended 31St March, 2018.
Pursuant to Regulation 40 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Certificate obtained from Practicing Company Secretary for year ended 31st March, 2018.16-04-2018
Updates on Corporate Insolvency Resolution Process
Alok Industries Ltd has informed BSE that the Corporate Insolvency Resolution Process for the Company expired on April 14, 2018 and the Resolution Professional has not received the approval of the Committee of Creditors for Resolution Plans within the time period prescribed under the Insolvency and Bankruptcy Code, 2016.16-04-2018
Reliance Industries (RIL) resolution plan for Alok Industries fails to win approval
Reliance Industries Limited in conjunction with the JM Financial Asset Reconstruction Company had submitted a resolution plan for Alok Industries Limited. The beleagured stock had risen sharply on the news last week. However Reliance Industries has now informed the BSE that the Rs. 5,000 crore plan did not meet with the approval of the Committee of Creditors of Alok Industries. This approval is required under the Insolvency and Bankruptcy Code for the plan and potential acquisition to go forward. The JM-RIL combine was the only bidder for the asset. The offer of Rs. 5,000 crore is against an outstanding debt with Alok Industries of Rs 29,000 crore, and lenders are insisting on certain conditions being met before approving any plan.15-04-2018
Clarifies on news item
With reference to news appeared in The Economic Times dated April 12, 2018 quoting "RIL - JM Fin ARC to buy Alok Inds", Alok Industries Ltd has submitted to BSE a copy of Clarification is enclosed.12-04-2018
Clarification sought from Alok Industries Ltd
The Exchange has sought clarification from Alok Industries Ltd on April 04, 2018, with reference to news appeared in The Economic Times dated April 04, 2018 quoting "RIL - JM Fin ARC to buy Alok Inds".The reply is awaited.12-04-2018
Alok Ind climbs as RIL looks set to acquire co
A majority of lenders to the bankrupt textile company have voted in favour of the resolution plan.12-04-2018