The approval was granted vide Order pronounced on 09 September 2026 in IA(Plan) No. 13 of 2026 in CP(IB) No. 294/(AHM)/2023 under Section 31 of the Insolvency and Bankruptcy Code, 2016 (IBC). The Company acted as the Successful Resolution Applicant (SRA) in this process.
The Company received communication regarding this approval from the Resolution Professional of Bhagirath Construction Company Private Limited (Corporate Debtor). The approved Resolution Plan became effective from 09 September 2026, which is the date of the NCLT order.
This disclosure is made to the Stock Exchange pursuant to the applicable provisions of Regulation 30 of the SEBI LODR Regulations, read with Schedule III, Part A, Para A.
The approval marks a significant milestone in the Company's resolution and investment activities. The Company shall proceed with the implementation of the approved Resolution Plan in accordance with the terms and conditions thereof and the directions contained in the order of the Hon'ble NCLT.
The document was digitally signed by Ram Gopal Jindal, Managing Director (DIN: 06583160) on 14 September 2026 at 18:09:37 IST.