Vardhman Industries Ltd. Corporate Filings & Announcements

Latest corporate announcements and filings from Vardhman Industries Ltd. on BSE

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Vardhman Industries Ltd.

30 Dec 2019

Company Update

VARDHMAN INDUSTRIES LTD.-$ - 513534 - Effective Date For The Implmentation Of Approved Resolution Plan

BSE India

In terms of Resolution Plan submitted by JSW Steel Limited for Vardhman Industries Limited and as approved by the committee of creditors of the Company and the Hon''able NCLT and Hon''able NCLAT, we hereby inform you that JSW Steel Limited has intimated December 31,2019 as the effective date for the implementation of the Approved Resolution Plan.

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Vardhman Industries Ltd.

16 Dec 2019

Company Update

VARDHMAN INDUSTRIES LTD.-$ - 513534 - Announcement under Regulation 30 (LODR)-Public Announcement-Delisting

BSE India

We refer to our earlier intimation dated December 14, 2019 and in this regard, we hereby inform you that, pursuant to the provisions of Regulation 30and Regulation 42(2) of the LODR Regulations, Friday, December 27, 2019 has been fixed as the record date for identification of existing shareholders for delisting of the equity shares. We further inform you that upon implementation of the Resolution Plan, the Company shall be delisted in accordance with the provisions of the SEBI ( Delisting of the Equity Shares) Regulations, 2009.

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Vardhman Industries Ltd.

16 Dec 2019

Company Update

VARDHMAN INDUSTRIES LTD.-$ - 513534 - Announcement under Regulation 30 (LODR)-Change in Directorate

BSE India

Pursuant to Regulation 30 of the LODR Regulations, we wish to inform you that , in terms of the written order dated 19.12.2019 of NCLT order and as clarified by its order dated 16.04.2019 and the NCLAT by its order dated 04.12.2019 and as clarified by bits order dated 11.12.2019, approving the Resolution Plan, the existing Board of Directors of the Company shall stand vacated and be replaced by the members nominated by the JSWSL with effect from the date of issuance of the order of the NCLAT. i.e. 13th December, 2019.

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Vardhman Industries Ltd.

14 Dec 2019, 10:42PM

Company Update

Vardhman Industries Ltd - 513534 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order

BSE India

The said Resolution Plan, as approved by the NCLT and the NCLAT, is binding on the Company, employees, members, creditors, guarantors and other stakeholders involved, as per the provisions of the IBC. In terms of the Resolution Plan. JSW Steel Limited shall implement the Resolution Plan. JSW shall, infuse its commitment of INR 63.5 crores in the Company through equity shares and/or debt (Capital Infusion) within a period of 30 days from date of issuance of the NCLAT Clarification Order or such other earlier date as intimated by the Company to the Monitoring Committee and announcement on the stock exchanges (Effective Date). The financial creditors of the Company shall receive a total consideration of INR 62.5 crores and the operational creditors of the Company shall receive an aggregate consideration of Rs. 1 crore for the settlement of the existing debt of the Company. During the interim period the Company will continue to be managed and controlled by the Resolution Professional

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Vardhman Industries Ltd.

12 Dec 2019

Company Update

Vardhman Industries Ltd - 513534 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order

BSE India

NCLAT Clarification Orders

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Vardhman Industries Ltd.

05 Dec 2019

Company Update

VARDHMAN INDUSTRIES LTD.-$ - 513534 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order

BSE India

This is in furtherance to our earlier communication on December 26 2018in relation to the Resolution Plan submitted by JSW Steel Limited ('JSW Steel') for Vardhman Industries Limited as approved by the Hon'ble NCLT by its orders dated December 19, 2018 and April 16, 2019 under S. 31 of the Insolvency and Bankruptcy Code, 2016 (the 'NCLT Orders'). JSWSteel had preferred an Appeal before Hon'ble National Company Law Appellate Tribunal ('NCLAT') challenging certain portions of NCLT Orders, and the Judgment on the same has been pronounced on December 4, 2019 by the Hon'ble NCLAT allowing the said Appeal of JSW ('NCLAT Order'). The copy of NCLAT Order is not yetmade available. This is for your information and records.

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Vardhman Industries Ltd.

05 Dec 2019

Result

Vardhman Industries Ltd - 513534 - Approval Of Unaudited Financial Results (Standalone & Consolidated) Of The …

BSE India

Further to our letter dated 05.11.2019, we may inform you that the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended on 30th September,2019 have been considered and taken on record by the Resolution Professional appointed for the Company. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the following: i. Statement of Standalone and Consolidated Financial Results for the quarter and half year ended on September 30, 2019. ii. Unaudited Statement of Assets and liabilities as on 30th September,2019. iii. Auditors' Report on the Standalone and Consolidated Financial Results. iv. Cash Flow Statement for the half year ended 30.09.2019. v. Statement of Impact of Audit qualifications for the half year ended 30.09.2019. You are requested to take the above on record and inform your members accordingly.

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Vardhman Industries Ltd.

14 Nov 2019, 08:06PM

Result

VARDHMAN INDUSTRIES LTD.-$ - 513534 - Approval Of Unaudited Financial Results (Standalone & Consolidated) Of The …

BSE India

Fast result published on 15 Nov 2019 00:57

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Vardhman Industries Ltd.

05 Nov 2019

Board Meeting

Vardhman Industries Ltd - 513534 - Board Meeting Intimation for Unaudited Financial Results For The Quarter/Half …

BSE India

VARDHMAN INDUSTRIES LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2019 ,inter alia, to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Resolution Professional on Thursday, the 14th November, 2019 will consider the unaudited financial results of the company for the quarter/half year ended 30th September, 2019 duly authenticated and signed by the authorized official of the Company as per law. Further as per the Company's Code of Conduct to regulate, monitor and report trading by insiders adopted by the Company pursuant to the SEBI (Prohibition of Insider Trading) Regulations,2015, and BSE circular no. List/comp/01/2019-20 dated April 02, 2019, the 'Trading Window' for trading in the Company's Shares stands closed from October 01, 2019 to November 16,2019 (both days inclusive).

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Vardhman Industries Ltd.

24 Oct 2019

Company Update

Vardhman Industries Ltd - 513534 - Compliance Under Regulation 40(9) Of SEBI (Listing Obligations And Disclosure …

BSE India

Please find enclosed herewith a copy of Certificate for the half year ended 30th September, 2019 as required under Regulation 40(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your kind information and record.

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