In continuation to the letter dated 22nd July, 2022 & 20th September, 2022 with respect to a scheme of amalgamation of two wholly owned subsidiaries of the Company, Jai Balaji Energy (Purulia) & Jai Balaji Steels (Purulia) with the Company, pursuant to Sections 230 to 232 of the Companies Act, 2013 ('Scheme') subject to receipt of requisite statutory and regulatory approvals and other approvals, as may be required, Jai Balaji Industries has informed that the Hon'ble National Company Law Tribunal, Kolkata Bench ('NCLT'), vide its hearing held on 3rd November, 2022 and pronouncement of order on 16th December, 2022, with respect to the above mentioned matter in C.A.(CAA) No. 137/KB/2022, has dispensed with the meetings of the equity shareholders; The Applicant companies does not have any secured and unsecured creditors.
The above information is a part of company’s filings submitted to BSE.
