Shree Rama Multi-Tech has informed that Nirma Chemical Works and Nirma Credit and Capital being the parties to the Settlement Agreement have extended the period for payment of the settlement amount by not later than 31st March, 2023 in place of 30th November, 2022. The other terms and conditions of the settlement Agreement shall remain unchanged; In continuation to the disclosure dated 21st July, 2022 (point no. 2) submitted to exchange, the Company has informed that the preference share holder has extended the validity of the waiver letter up to 31st March, 2023 in place of 30th November, 2022 in respect of Waiver of Dividend component accumulated on Principal Amount and accumulated interest on delayed payments on outstanding on preference shares. All other terms and conditions shall remain unchanged.
The above information is a part of company’s filings submitted to BSE.
