Videocon Industries has informed about imposition of stay by the Hon'ble National Company Law Appellate Tribunal, New Delhi ('NCLAT') on the order dated 08 June 2021 ('Plan Approval Order') passed by the Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT') approving the resolution plan submitted by Twin Star Technologies ('Resolution Plan') in the consolidated Corporate Insolvency Resolution Process ('CIRP') of Videocon Industries ('VIL') and 12 other Videocon Group Companies (collectively '13 Videocon Group Entities') under the Insolvency and Bankruptcy Code, 2016, as amended, read with the rules and regulations framed thereunder ('Code')
The above information is a part of company’s filings submitted to BSE.
