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Nectar Life
BSE: 532649NSE: NECLIFEISIN: INE023H01027

22nd-Jun-2021 11:13Source: BSE

Nectar Lifesciences - Resolution Plan Under One Time Restructuring Pursuant To Reserve Bank Of India'S Notifications Under The 'Resolution Framework For COVID-19 Related Stress'

We would like to inform that Company and its Lenders on June 21, 2021 have executed the documents with respect to the resolution plan under One Time Restructuring ('OTR') pursuant to Reserve Bank of India's notifications under the 'Resolution Framework for COVID-19 related Stress' and same has been implemented from June 21, 2021.

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