In terms of the SEBI (LODR) Regulations, 2015, as amended from time to time and our earlier intimation regarding Delisting Offer, we wish to inform you that the Delisting Offer has been closed on Saturday, July 11, 2020. In terms of the Resolution Plan and as intimated in Letter of Offer, the Company will be making payment towards Delisting of the shares of the Company to all the Eligible Public Shareholders, whose names were appearing in the ROM as on record date i.e. June 18, 2020, irrespective of the fact whether they have surrendered their shares or not. Further, as per Resolution Plan, post Delisting entire Public Shareholding will be extinguished/reduced without any payment. Also, no payment will be made to the persons who become shareholder of the Company on or after Friday, June 19, 2020.