Subject: Disclosure under Regulation 30(2) read with Schedule III of SEBI(LODR) Regulations, 2015 - extension of CIRP by 60 days beyond the period of 270 days, specified in terms of Sub Section 3 of Section 12 of IBC.

Dear Sir/Madam,

Pursuant to Regulation 30 (2) of SEBI(LODR) Regulations, 2015 (LODR) and in accordance with the requirements of Sub Clause 16 (g) of Clause A of Part A of Schedule III of SEBI (LODR), we had intimated to the exchange vide our letter dated 21.11.2019, that in terms of 2nd proviso of Sub Section 3 of Section 12 of the IBC, 2016, the Resolution Professional shall file an application with the Adjudication Authority for extending the period of Corporate Insolvency Resolution Process (CIRP) by 60 days beyond the period of 270 days.

Accordingly the NCLT, PB, New Delhi (Adjudicating Authority) has vide its order dated November 28, 2019, extended the period of CIRP of 270 Days by 60 days. (Copy Enclosed)

You are requested to take the same on record.