CMAHENDRA

The Exchange has sought clarification from the Company with respect to news item captioned ����Punjab National Bank��s loan wilful defaulter stands at Rs.14600 crore; upto 31% from a year ago��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether

The Exchange had sought clarification from C. Mahendra Exports Limited with respect to an announcement submitted to the Exchange dated September 26, 2016, that 1. HDFC Bank Ltd has filed winding up petition against the Company at Mumbai High Court. 2. Champak Mehta and others have filed petition before NCLT for oppression and Mismanagement against Mahendra Shah and others. 3. State Bank of India have filled application before DRT for recover of its dues against the subsidiary company. 4. CFO Mr. Tushar Shah & CEO, Mr. Mehul Jain have tendered their resignation with immediate effect.On basis of

CMAHENDRA:The Exchange has sought clarification from C. Mahendra Exports Limited with respect to an announcement submitted to the Exchange dated September 26, 2016, that 1. HDFC Bank Ltd has filed winding up petition against the Company at Mumbai High Court. 2. Champak Mehta and others have filed petition before NCLT for oppression and Mismanagement against Mahendra Shah and others. 3. State Bank of India have filled application before DRT for recover of its dues against the subsidiary company. 4. CFO Mr. Tushar Shah & CEO, Mr. Mehul Jain have tendered their resignation with immediate effect.O

The Exchange has sought clarification from C. Mahendra Exports Limited with respect to recent news item captioned ''BOB led Consortium Files complaint against exporter''. In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company are aware of an

The Exchange has sought clarification from C. Mahendra Exports Limited with respect to recent news item captioned ''BOB led Consortium Files complaint against exporter''. In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company are aware of an

The Exchange had sought clarification from the Company on receipt of letters from Mr. Champak K Mehta(Ex-Managing Director) and R. H. Modi & Co.(Ex-Auditor). The Company has vide letter dated June 02, 2016 has given its clarification.(Copy of both are enclosed)