Shree Hanuman Sugar & Industries Ltd - Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors

We would like to inform you that an application u/s 7 of the insolvency and Bankruptcy code, 2016 has been filed by Stressed Assets Stabilisation Fund (SASF) against the Company, invoking the corporate guarantee in the matter of Eastern Sugar & Industries Ltd.. The matter is pending for Listing and admission before the NCLT, Kolkata bench.