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SIMPLEX INFRASTRUCTURES LTD. - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements ) Regulations, 2015 (SEBI LODR) -Intimation Of Assignment Of Fund Based Exposure To National Asset Reconstruction Company Ltd (NARCL)
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30 Mar 2024
This is to inform you that our Lead Banker, Punjab National Bank has intimated the Company vide their letter dated 30.03.2024 that PNB along with majority of the Lenders, have assigned their fund exposure, the financial assistance granted by them to the Company, together with all underlying securities, rights, title and interest in respect thereof for entire fund exposure in favour of National Asset Reconstruction Company Limited (NARCL) as per the Assignment Agreement.
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