SHILPI

SHILPI: Members of the Exchange are hereby informed that trading in securities of Shilpi Cable Technologies Limited will be suspended with effect from May 16, 2019 (closing hour of trading on May 15, 2019) as per order no. CA-1144(PB)/2018 in C.P. No.IB-64(PB)/2017 passed by Hon��ble National Company Law Tribunal, New Delhi Bench for appointment of official Liquidator and commencement of liquidation process against the company.

SHILPI:The Exchange had sought clarification from Shilpi Cable Technologies Limited with respect to announcement dated 19-Oct-2018, regarding " Shilpi Cable Technologies Limited has informed the Exchange that the resolution plan submitted by the resolution applicant was put up for the approval of the committee of creditors (CoC) in the Fifteenth CoC Meeting of the Company, in accordance with the Insolvency and Bankruptcy Code, 2016 and the rules and regulations framed thereunder. On account of less than 66% of the votes being cast in favour, the aforementioned approval of the CoC could not be

SHILPI:The Exchange has sought clarification from Shilpi Cable Technologies Limited with respect to announcement dated 19-Oct-2018, regarding " Shilpi Cable Technologies Limited has informed the Exchange that the resolution plan submitted by the resolution applicant was put up for the approval of the committee of creditors (CoC) in the Fifteenth CoC Meeting of the Company, in accordance with the Insolvency and Bankruptcy Code, 2016 and the rules and regulations framed thereunder. On account of less than 66% of the votes being cast in favour, the aforementioned approval of the CoC could not be

SHILPI:The Exchange has sought clarification from Shilpi Cable Technologies Limited with respect to announcement dated 01-Jul-2017, regarding Outcome of Board Meeting held on Jun 30, 2017. considered and approved the following: 1. Appointment of Ms. Nalini Malhotra as Additional Director of the Company with effect from 30th June, 2017 (Women Independent Director). 2. Appointment of Mr. Gurvinder Singh as Company Secretary and Compliance officer of the Company with effect from 01st July, 2017. On basis of above the Company is required to clarify following:1. Brief profile (in case of appointmen

SHILPI:The Exchange has sought clarification from Shilpi Cable Technologies Limited with respect to announcement dated 01-Jul-2017, regarding Outcome of Board Meeting held on Jun 30, 2017. considered and approved the following: 1. Appointment of Ms. Nalini Malhotra as Additional Director of the Company with effect from 30th June, 2017 (Women Independent Director). 2. Appointment of Mr. Gurvinder Singh as Company Secretary and Compliance officer of the Company with effect from 01st July, 2017. On basis of above the Company is required to clarify following:1. Brief profile (in case of appointmen

The Exchange has sought clarification from the Company with respect to news item captioned "NCLT Okays Insolvency Process Against Shilpi Cable Technologies Limited". The response from the Company is enclosed.

The Exchange had sought clarification from the Company with respect to news item captioned "NCLT Okays Insolvency Process Against Shilpi Cable Technologies Limited". 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 infor

The Exchange has sought clarification from the Company with respect to news item captioned "NCLT Okays Insolvency Process Against Shilpi Cable Technologies Limited". 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 infor

Shilpi Cable Technologies Limited has informed the Exchange about the Clarification.

Shilpi Cable Technologies Limited has informed the Exchange regarding clarification on rumors

The Exchange had sought clarification from Shilpi Cable Technologies Limited with respect to an announcement submitted to the Exchange dated May 30, 2016, regarding the Outcome of Board Meeting of the Company held on May 30, 2016 has inter-alia approved the following : Setting up of project at Abu Dhabi, UAE through its subsidiary, having capacity of 60,000 MT for manufacturing of copper products with an investment of 150 million US Dollar out of which 50 million US Dollar will be invested through equity and the balance 100 million US Dollar will be through Debt. On basis of above, The reply f

The Exchange has sought clarification from Shilpi Cable Technologies Limited with respect to an announcement submitted to the Exchange dated May 30, 2016, regarding the Outcome of Board Meeting of the Company held on May 30, 2016 has inter-alia approved the following : Setting up of project at Abu Dhabi, UAE through its subsidiary, having capacity of 60,000 MT for manufacturing of copper products with an investment of 150 million US Dollar out of which 50 million US Dollar will be invested through equity and the balance 100 million US Dollar will be through Debt. On basis of above Company are

News Verification : The media had reports that Shilpi Cable Technologies Limited may merge with Microqual. 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. Shilpi Cable Technologies Limited has vide its letter inter-alia stated, "We wish to clarify that discussion relating to the purported merger of Microqual and Shilpi Cable is at very initial stage. And no concrete decision has been taken by our company in this regard. We are in p