rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
RIGA SUGAR COMPANY LTD. - Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)
Download announcement < Back
26 Feb 2024
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that since the Successful Bidder (i.e. Consortium of M/s Haldia Steels Pvt. Ltd. and M/s Bharat Agro Biotech Ltd.) has failed to make payment of the balance consideration in respect of the e-auction held on August 31, 2023 for sale of the Company as a going concern, the Liquidator has cancelled the Letter of Intent and that the e-auction shall be considered as unsuccessful w.e.f. February 24, 2024. Further developments in this regard shall be intimated to your good office on a regular basis.
View all announcements for RIGA SUGAR COMPANY LTD. Source: BSE India