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TAKE Solutions informs about disclosure

18 May 2024 Evaluate

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, TAKE Solutions has informed that it enclosed relevant disclosures of default on repayment of principal amount and interest from Bank as on April 30, 2024 by Navitas LLP (a 100% subsidiary of the Company). Consequent upon the default, the said loan has been classified as Non-Performing Asset (NPA) by the Bank. The additional details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated July 13, 2023 is enclosed as Annexure - 1.

The above information is a part of company’s filings submitted to BSE.

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