JCTEL

JCT Electronics Limited has informed the Exchange ''This is to inform you that vide our letter dated February 04, 2016 is in continuation of letter dated 15/10/2015 that the company has gone for Liquidation as per the orders of Punjab High Court and the Official Liquidator has been appointed attached to the court as the Provisional Liquidator with directons to take charge of the assets and records of the company. Hence we are unable to submit the required compliances in this regard to stock exchange(s)''

JCT Electronics Limited has informed the Exchange in continuation of letter dated February 04, 2016 that some of the secured lenders have exercised their right under Section 13(4) of SARFAESI and taken the possessions of assets at the company's manufacturing unit at Vadodara.

JCT Electronics Limited has informed the Exchange vide letter dated February 04, 2016 that " This is in continuation of letter dated October 15, 2015 under which we had informed the exchange that the Hon'ble BlFR had at its hearing held on 14th October, 2015 declared the rehabilitation scheme sanctioned for JCT ELECTRONICS LIMITED as failed. It had also in the said hearing confirmed its earlier opinion that the company be recommended for winding up to the High Court as no objections/suggestions had been received against the statutory notice published by them in this regard. The said recommenda

JCT Electronics Limited has informed the Exchange that it is in continuation of Company's letter dated July 29, 2015 informing the Exchange about the declaration of rehabilitation scheme passed for the company as failed by the Hon'ble BIFR at its hearing held on July 8, 2015. Pursuant to the same, the BIFR had ordered issue of notice for the proposed winding up of the company to be published in the news papers inviting objections/ suggestions, if any, from shareholders , creditors etc. In terms of the said direction, the statutory advertisement was published in the newspapers on August 6, 2015

JCT Electronics Limited has informed the Exchange that the nomination of Mr. Mukesh Mohan as a Director on Company's Board has been withdrawn by BIFR.Further Mr. Roshan Lal Sharma has been inducted as an Additional Director on the Board of the Company.

JCT Electronics Limited has informed the Exchange that Mr Kamal Khanna has been inducted as an Additional Director on the Board of the company on August 14,2015.

JCT Electronics Limited has informed the Exchange that the Board for Industrial and Financial Reconstruction (BIFR), has on the application made by Asset Reconstruction Company (I) Ltd. and unequivocally supported by other Banks & Financial Institutions, declared the rehabilitation scheme sanctioned by them for the company in March, 2007 as failed. They have also formed a prima facie opinion that it would be just, equitable and in public interest that the company be wound up u/s 20 (1) of SICA. BIFR has accordingly ordered issue of notice for proposed winding up to be published in the newspape

JCT Electronics Limited has informed the Exchange that Mr. Gopal Krishnan, Company Secretary is being relieved from the services of the company, consequent to his attaining superannuation, after the close of business hours on June 30, 2015.

JCT Electronics Limited has informed the Exchange that the Board for Industrial & Financial Restructuring (BIFR) has nominated Mr. Mukesh as their nominee on the Board of the Company with effect from June 04, 2013 in place of Mr. Arun Ramanathan.

Jct Electronics Limited has submitted to the Exchange a copy of the financial results for the year ended March 31, 2010.

Jct Electronics Limited has submitted to the Exchange a copy of the financial results for the year ended March 31, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JCT_Updates_10082009.zip target=NEW> For more details click here.</a>