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| Exchange Received Time 27/03/2018 17:06:05 Exchange Disseminated Time 27/03/2018 17:06:12 Time Taken 00:00:07 | Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the lender of the Company vide its letter dated 23rd March, 2018 which was received on 26th March, 2018 have informed the Company that it has invoked the pledge of 100% Equity Shares of Nilachal Iron and Power Ltd., a wholly-owned subsidiary of the Company.
Subsequent to this, Nilachal Iron and Power Ltd. ceased to be a subsidiary of the Company.
Kindly take on record the above intimation.
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