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SPML Infra Limited - Sub: Intimation Under Regulation 30 Of SEBI (Listing Obligation And Disclosures Requirements) Regulations, 2015


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21 Mar 2024
Pursuant to Regulation 30 of the SEBI LODR (Listing Obligation and Disclosure Requirements ) Regulations 2015, this is to apprise you that the lender being NARCL has withdrawn the following applications filed under section 7 of Insolvency and Banckrupcy code, 2016. The Hon''ble National Company Law Tribunal, New Delhi , was pleased to dispose of the matter as withdrawn after duly recording the submission of lender that the matter has been amicably settled . we would further like to inform you that SPML Infra Ltd. has already entered into the settlement Agreement with NTPC Ltd. under the scheme namely vivad se Viswas II (Contractual disputes) and expected the total recovery of 240 cr.

Source: BSE India

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