SVOGL

SVOGL: The Exchange had sought clarification from SVOGL Oil Gas And Energy Limited with respect to announcement dated 29-May-2017, regarding Outcome of Board Meeting held on May 29, 2017. On basis of above the Company is required to clarify following: 1. Date of appointment/cessation (as applicable) & term of appointment;2. Brief profile (in case of appointment);The response of the Company is attached.

SVOGL:The Exchange has sought clarification from SVOGL Oil Gas And Energy Limited with respect to announcement dated 29-May-2017, regarding Outcome of Board Meeting held on May 29, 2017. On basis of above the Company is required to clarify following: 1. Date of appointment/cessation (as applicable) & term of appointment;2. Brief profile (in case of appointment);The response of the Company is awaited.

The Exchange had sought clarification from the Company with respect to "Increase in Price". The reply from the Company is Attached.

The Exchange had sought clarification from Shiv-Vani Oil & Gas Exploration Services with respect to a news item captioned "The London Court has given the Summary Judgment in the case filed by the Bondholders through their Trustees, Citibank N A, London (Citibank). According to the Judgment, the Company has to pay to Citi Bank : - (i) A sum of USD 84 Million (ii) A sum ofUSD 2.21 Million default interest unto February 11,2014. (iii) A sum ofUSD 11,988 per day of default interest from February 11, 2014 to the day of payment. However, the Company is proposing to file appeal against the said judgm

Shiv-Vani Oil & Gas Exploration Services Limited has informed the Exchange vide letter dated August 07, 2013, that "With respect to various media reports, the Company would like to state that to the best of its knowledge, as on date, no winding up petition has been filed before any court. The Company is in receipt of notices from the Indian and English counsel to the trustee of the foreign currency convertible bond holders and is currently seeking legal advice in respect of the same".