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Kisan Mouldings
BSE: 530145NSE: ISIN: INE017C01012

21st-Sep-2021 18:31Source: BSE

Kisan Mouldings - Intimation Regarding Signing Of Inter-Creditors Agreement By Lenders Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') read with Para A of Part A of Schedule III of the SEBI Listing Regulations, this is to inform you that the Consortium Bankers of the Company viz. Punjab National Bank, Union Bank of India, IDBI Bank Limited, SVC Co-op Bank Limited and ICICI Bank Limited ('Lenders') have signed Inter-Creditors Agreement ("ICA") in line with RBI guidelines with respect to restructuring of the debts owed to them by the Company.

The Company has already started discussions with lenders and potential investors on a proposed restructuring package and remain confident of a swift resolution in the near future.

We request you to take the above information on record.