Krishna Ventures Limited - 504392 - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 Regarding Participation And Declaration As The Highest Bidder In The E-Auction Process By The Krishna Ventures Limited ('The Company') Under Ordinary Course Of Business
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company has participated in an online e-auction Organized by the liquidator of the 'M/s LEEL ELECTRICALS LIMITED - As Going Concern' under Section 32 of the Insolvency and Bankruptcy Board of India (Liquidation Process), 2016 pursuant to the order of Hon'ble NCLT. We are happy to inform you that our Company has been declared as a highest Bidder in the above e-auction Process. We also inform you that we are waiting for the letter of intent from the liquidator of the M/s. LEEL ELECTRICALS LIMITED.11-04-2023