Shah Metacorp discloses dismissal of Section 9 IBC petition filed by Tejomay Exim Corporation following mutual settlement.
The operational creditor withdrew the petition after receiving payment from the corporate debtor, Shah Metacorp.
Company states settlement has no material adverse impact on its financial position.
Disclosure made pursuant to SEBI Listing Regulations and Circular SEBI/HO/CFD/PoD2/CIR/P/0155.