RAMSARUP

Members of the Exchange are hereby informed that the trading in equity shares of Ramsarup Industries Limited (ISIN: INE005D01015) will continue to remain suspended from trading w.e.f. July 26, 2021 (i.e., closing hours of trading on July 23, 2021) pursuant to NCLT order and announcement dated July 22, 2021��submitted by the Company informing that the approved Resolution Plan provides for Capital reduction of the Company and the entire shareholding of the existing shareholders shall be reduced to nil and no consideration shall be paid for the same.��Also, the equity shares of the Company shall

RAMSARUP:The Exchange has sought clarification from Ramsarup Industries Limited with respect to announcement dated 21-Sep-2018, regarding " Ramsarup Industries Limited has informed the Exchange regarding Appointment of Interim Resolution Professional.". On basis of above the Company is required to clarify following: 1. Any other material information not involving commercial secrets<br> 2. Salient features, not involving commercial secrets, of the resolution plan approved by the Tribunal, in such form as may be specified<br> 3. Approval of resolution plan by the Tribunal or rejection, if appl

The Exchange had sought clarification from the Company with respect to news item captioned "Ramsarup case: NCLT asks Centre, creditors to implead as respondents". The response from the Company is attached.

The Exchange has sought clarification from the Company with respect to news item captioned "Ramsarup case: NCLT asks Centre, creditors to implead as respondents". 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 company is aware of any informat

The Exchange had sought clarification from the Company with respect to news item captioned "CBI raids 10 cities in Rs 184 crore cheating case" . The response from the Company is enclosed.

The Exchange has sought clarification from the Company with respect to news item captioned CBI raids 10 cities in Rs 184 crore cheating case . 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 company is aware of any information that has not be

The Exchange has sought clarification from Ramsarup Industries Limited with respect to recent news item captioned "Steel maker Ramsarup files for Insolvency.". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Ramsarup Industries Limited has submitted their response.

The Exchange has sought clarification from Ramsarup Industries Limited with respect to recent news item captioned "Steel maker Ramsarup files for Insolvency." . In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

News Verification : The media had reports that ArcelorMittal may buy a stake in the company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Ramsarup Industries Limited has vide its letter inter-alia stated, "In this regard, please note that the company is in discussions with multinational entities for growth opportunities in the form of tie-up/ joint venture/ demerger etc. and all these are preliminary discussions