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Ambition Mica informs about outcome of meeting of committee of creditors

22 Aug 2024 Evaluate
With reference to intimation dated June 19, 2024 regarding the initiation of corporate insolvency resolution process (CIRP) in the case of Ambition Mica under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by the Operational Creditor Haresh Anantrai Mody Proprietor of Mody Chem and initiating the Corporate Insolvency Resolution process under Insolvency and Bankruptcy Code, 2016 (IBC), pursuant to Regulation 30 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 and in accordance with the requirements of sub-clause 16(g) of Part A of Schedule III of the Securities and Exchange board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ambition Mica has informed that the 03rd meeting of Committee of creditors of Ambition Mica was conveyed on Tuesday, 18th June, 2024 at 12.00 pm through video conferencing. The brief details of results of e-voting as required under Regulation 26(4) of Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulation, 2016 is attached as Annexure I.

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

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