Scooters India gets discharge from BIFR

With reference to the earlier letter dated September 21, 2015, Scooters India has now informed that Hon’ble bench of Board for Industrial & Financial Reconstruction, New Delhi has discharged the Company from its purview on its ceasing as Sick Industrial Company in terms of the provision of section 3 (1) (0) of Sick Industrial Company (special provision) Act 1985 during recent hearing held on September 15, 2015.

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