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25 Jul 2023 | |
It is hereby informed that in Connection with the Rs. 274.80 Crores availed by the Subsidiary Company "Manjeera Retail holdings Private Limited", our Company has given a Corporate Guarantee for the same. The Lender of the Subsidiary Company has filed a petition before the National Company Law Tribunal, Hyderabad bench under Section 7 of the Insolvency and Bankruptcy Code, 2016 for Initiating Corporate Insolvency Resolution Process (CIRP) against the Company and the Subsidiary Company for Rs. 202.44 Crores. | |
View all announcements for MANJEERA CONSTRUCTIONS LTD. | Source: BSE India |