MOSER BAER INDIA LTD. - Un-Audited Financial Results For The Quarter/Half Year Ended September 30, 2017 To Be Considered On December 14, 2017

M/s Alchemist Asset Reconstruction Company Limited,financial creditor of MBIL had filed an application under Sec. 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) before NCLT for initiation of Corporate Insolvency Resolution Process (CIRP).<BR> 2. That the said application for CIRP has since been admitted by the Adjudicating Authority vide order dt. 14.11.2017 & consequent upon such admission, CIRP has commenced wef 14.11.2017. <BR> 3. That pursuant to the admission of application for CIRP, the Adjudicating Authority has appointed Mr. Devendra Singh, a Director with Witworth Insolvency Professionals Pvt Ltd, as Interim Resolution Professional (IRP).<BR> 4. Further, pursuant to SEBI (LODR) Reg., 2015, Notice is hereby given that IRP will consider & take on record the un-audited financial results of the Company for quarter/half year ended on Sept. 30, 2017 on 14.12.2017.<BR> In this connection, we would like to further inform that Company has adopted IND-AS for the first time from current FY(2017-18)