VARDHMAN INDUSTRIES LTD. - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

This is in furtherance to our earlier communication on December 26 2018in relation to the Resolution Plan submitted by JSW Steel Limited ('JSW Steel') for Vardhman Industries Limited as approved by the Hon'ble NCLT by its orders dated December 19, 2018 and April 16, 2019 under S. 31 of the Insolvency and Bankruptcy Code, 2016 (the 'NCLT Orders'). <BR> JSWSteel had preferred an Appeal before Hon'ble National Company Law Appellate Tribunal ('NCLAT') challenging certain portions of NCLT Orders, and the Judgment on the same has been pronounced on December 4, 2019 by the Hon'ble NCLAT allowing the said Appeal of JSW ('NCLAT Order'). The copy of NCLAT Order is not yetmade available.<BR> This is for your information and records.<BR>