Sundaram-Clayton has informed that it enclosed the proceedings of the meeting of Unsecured Creditors of the Company convened on Friday, December 16, 2022 at 12 Noon through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM), pursuant to the order of Hon’ble National Company Law Tribunal, Chennai Bench (Tribunal) dated November 9, 2022 in CA (CAA) 61 (CHE)/2022 (Tribunal Order), for the purpose of considering, and, if thought fit, approving, with or without modification(s), the proposed Composite Scheme of Arrangement amongst Sundaram-Clayton and TVS Holdings and VS Investments and Sundaram-Clayton DCD and their respective shareholders and creditors (Scheme), the details of which were given in the notice dated November 14, 2022. The Hon’ble Tribunal convened meeting of the Unsecured Creditors was concluded at 12:19 PM.
The above information is a part of company’s filings submitted to BSE.
