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In continuation to the earlier letter dated 6th September, 2018, Sunil Hitech Engineers has informed that the petition filed by American Express Banking Corp. under the Insolvency And Bankruptcy Code, 2016 before the National Company Law Tribunal has been admitted. The Interim Resolution Professional (IRP) has taken over the control and custody of assets of the company. It is also informed that a public notice for the creditors of the Company under Regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 has been issued by the IRP in Financial Express on 13th September, 2018.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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