Tayo Rolls has informed that the Board of Directors of the Company through Circular Resolution dated July 5, 2018 has decided to seek approval from the shareholders for filing application before National Company Law Tribunal seeking CIRP (Commencement of Insolvency & Resolution Process) under Section 10 of IBC 2016 as amended through Postal Ballot and e-voting.
The above information is a part of company’s filings submitted to BSE.