Viceroy Hotels has informed about approval of the resolution plan for Viceroy Hotels (VHL / Company) by the Appellate Authority. Salient features of the Plan and other material information (other than commercial secrets) are as follows: Infusion of funds, Proposal for Outstanding Debt, Extinguishment of balance FC Debt and balance Operational Creditor Dues, Cancellation of Promoters shares, Reduction / Reconstitution of Public Shareholding, and Constitution of Monitoring Committee.
The above information is a part of company’s filings submitted to BSE.
