Sathavahana Ispat : CIRP - Committee meeting updates

CIN : L27109TG1989PLC010654

SATHAVAHANA ISPAT LIMITED

Reg. Off : 505, Block 1, Divyashakti Complex, Ameerpet, Hyderabad - 500 016. Phones : 237330812,3,4 E-mail :[e-mail] : www.sathavahana.com

	March 23, 2022
To,
Bombay Stock Exchange Limited,	National Stock Exchange of India
Corporate Relationship Department,	Limited
P J Towers, New Trading Ring,	Listing Department,
Rotunda Building, Dalal Street,	Regd. Office: "Exchange Plaza",
Mumbai - 400 001	Bandra Kurla Complex,
	Mumbai - 400 051
Stock Code: 526093
	Stock Code: SATHAISPAT

Subject:Disclosure of Minutes of 10th COC Meeting - in accordance with regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir,

As you may be aware, the Company, Sathavahana Ispat Limited, is presently undergoing the corporate insolvency resolution process ("CIRP") in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016 ("Code") under the aegis of the undersigned, Mr. Bhuvan Madan, as the Resolution Professional ("RP") of Sathavahana Ispat Limited ("Corporate Debtor").

The RP had called and held the 10th meeting of the Committee of Creditors ("COC") on March 17, 2022 which was adjourned to March 20, 2022 ("10th COC Meeting"). At the said meeting, voting on certain key resolutions were passed.

This is a post facto intimation of the 10th COC Meeting.

Kindly take the same on record.

Thanking You

Bhuvan Madan

Resolution Professional

SATHAVAHANA ISPAT LIMITED

Works : (1) Haresamudram Village, Bommanhal Mandal, Anantapur Dist . (2) Kudithini Village, Kurugodu Road, Bellary Dist. Karnataka State Bellary Office Phones : 242355,242455,242655