|
| Exchange Disseminated Time 29/09/2016 12:19:30 | Shree Renuka Sugars Ltd has informed BSE that
"The Company had informed the Stock Exchanges vide its letter dated 29th August, 2016 that under the Judicial Protection Law (11.101/2005 Recuperacao Judicial), the Assembly of Creditors of the Company’s subsidiary viz., Renuka do Brasil S/A (RdB), has approved the Reorganization Plan presented by RdB on 26th August 2016; and the key features of the said Reorganisation Plan were also informed vide the said letter.
Subsequently, the designated court in Sao Paulo, Brazil has now approved the Reorganisation Plan of RdB containing the key features as already intimated by the Company vide the aforesaid letter dated 29th August, 2016." |
|
|