Suspension of trading in equity shares and Non-Convertible Debentures of Srei Infrastructure Finance Limited (523756) and Non-Convertible Debentures of Srei Equipment Finance Limited (collective referred to as “Corporate Debtors”) pursuant to resolution plan under the Insolvency and Bankruptcy Code, 2016

• Notice No: 20230814-10
• Notice Date: 14 Aug 2023
• Category: Company related
• Segment: General

To All Members,

Srei Infrastructure Finance Limited and Srei Equipment Finance Limited have informed that “Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench on August 11, 2023, have approved the resolution plan under the Insolvency and Bankruptcy Code, 2016.”

On August 12, 2023, the Company further informed that, as per Resolution Plan approved by NCLT under IBC, the existing equity shares of the Corporate Debtor shall stand cancelled from the effective date of the Resolution Plan and shall be delisted. Further, the Non-Convertible Debentures (including Perpetual Debt Instruments) issued by the Corporate Debtors will stand delisted from the Exchange in accordance with the NCLT order.

In the above circumstances and to avoid market complications, trading in the attached securities i.e. of Srei Infrastructure Finance Limited and Srei Equipment Finance Limited, has been suspended w.e.f. August 14, 2023.

For further clarification on the above, please email on [e-mail]

Ashok Kumar Singh   DGM-Listing Compliance

Shyam Bhagirath    Manager-Listing Compliance