Delta Corp: Updates on winding up petitions filled by debenture holders

Delta Corp has informed that Winding up petitions filed by certain holders of compulsorily convertible debentures have been admitted against Daman Hospitality (DHPL), a subsidiary of the Company. DHPL is in the process of filing an appeal against this order.

November 03, 2016 / 11:23 IST

26 Aug, 2025 12:21

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Delta Corp Ltd has informed BSE that Winding up petitions filed by certain holders of compulsorily convertible debentures (now converted into shares) have been admitted against Daman Hospitality Private Limited ("DHPL"), a subsidiary of the Company. DHPL is in the process of filing an appeal against this order, and based on legal advice, DHPL believes that it has a good case to succeed on appeal against the order. Advertisement of the order has been stayed until December 08, 2016 to enable an appeal.Source : BSE

Read all announcements in Delta Corp

first published: Nov 3, 2016 11:23 am

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