Pursuant to Regulation 30(2) of LODR and in accordance with the requirements of sub-clause 16(g) of Para A of Part A of Schedule III of LODR, Panyam Cements and Mineral Industries has informed that the balance funds have been received from the resolution applicant on 22nd July 2021 amounting to Rs 100,40,00,000 towards Insolvency Resolution Process Cost and Other Stakeholders Claims in accordance with the approved resolution plan by the Hon’ble NCLT on 25th June 2021.
The above information is a part of company’s filings submitted to BSE.
