23 February, 2022 | |
To, | To, |
Corporate Relationship Department | National Stock Exchange of India Ltd. |
BSE Limited | Exchange Plaza, Plot no. C/1, G Block, |
Phiroze Jeejeebhoy Towers, | Bandra-Kurla Complex |
Dalal Street, | Bandra (E), Mumbai - 400 051 |
Mumbai - 400 001 | Scrip Code: MERCATOR |
Scrip Code: 526235
Sub: | Post-facto Intimation for the 13th Meeting of Committee of Creditors (CoC) of Mercator |
Limited which is currently undergoing Corporate Insolvency Resolution Process (CIRP) | |
Ref: | Compliance/Disclosure requirements pursuant to Regulation 30(2) read with sub-clause |
16(g) of Para A of Part A of Schedule III of Securities and Exchange Board of India | |
(Listing Obligations & Disclosure Requirements) Regulations, 2015 |
Dear Sir/Madam,
With reference to the captioned matter, this is to inform you that the Thirteenth Meeting of Committee of Creditors (CoC) of Mercator Limited (Corporate Debtor) was successfully convened on Wednesday, 16 February, 2022, wherein all the resolutions were put up for e-voting by the Committee of Creditors (CoC) of the Corporate Debtor.
The aforementioned e-voting was concluded at 8:00 PM IST on Tuesday, 22 February, 2022, in accordance with Regulation 26 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations), wherein, the resolution pertaining to the pattern of the distribution of proceeds of resolution plan between the dissenting financial creditors (basis the specific request received from the CoC members) and appointment of new Chief Financial Officer and Compliance Officer of the Corporate Debtor, has been approved by requisite majority of the CoC of the Corporate Debtor.
Kindly take the same on record.
Thanking you,
Yours faithfully,
Girish Siriram Juneja
(IBBI/IPA-001/IP-P00999/2017-2018/11646)
Resolution Professional (RP)
Mercator Limited
Registered with IBBI:
22 Dignity Apartments, Bon Bon Lane, 7 Bunglows, Versova, Andheri (West), Mumbai-400053, Maharashtra Email - junejagirish31@gmail.com
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Mercator Limited published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 06:21:11 UTC.