Opto Circuits: Updates on overseas subsidiary

Opto Circuits (India) Ltd has informed BSE that one of the Company's subsidiary company, viz Cardiac Science Corporation, USA, has filed voluntary petition under Chapter 11 of the US Bankruptcy Code to Facilitate Debt Restructuring in US Bankruptcy Courts in the Western District of Wisconsin on October 20, 2015.

October 28, 2015 / 08:50 IST

26 Aug, 2025 12:21

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Opto Circuits (India) Ltd has informed BSE that one of the Company's subsidiary company, viz Cardiac Science Corporation, USA, has filed voluntary petition under Chapter 11 of the US Bankruptcy Code to Facilitate Debt Restructuring in US Bankruptcy Courts in the Western District of Wisconsin on October 20, 2015.The above action is initiated by the secured lenders to the Company for such filing and the management of Opto Circuits (India) Limited is taking effective legal recourse required in this regard.Source : BSE

Read all announcements in Opto Circuits

first published: Oct 28, 2015 08:50 am

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