Uttam Value Steels has informed that as intimated earlier in letter dated June 29, 2018, the Corporate Insolvency Resolution Process has been initiated in respect of the company/ Corporate Debtor pursuant to the National Company Law Tribunal, Mumbai Bench (NCLT) Order dated June 26, 2018 whereby Rajiv Chakraborty who was appointed as Interim Resolution Professional by NCLT has been confirmed as the Resolution Professional (RP) of the Company on August 2, 2018 by the Committee of Creditors (CoC). Also enclosed a copy of the Notice of 49th Annual General Meeting (AGM) along with Explanatory Statement scheduled to be held on Friday, the 27th December, 2019.
The above information is a part of company’s filings submitted to BSE.