VIMALOIL

Members of the Exchange are hereby informed that trading in securities of Vimal Oil & Foods Limited will be suspended with effect from January 31, 2020 (closing hour of trading on January 30, 2020) as per order no. MA 17 of 2018 in C.P. (I.B) No.135/NCLT/AHM/2017 of Hon ble National Company Law Tribunal, Ahmedabad Bench for appointment of official Liquidator and commencement of liquidation process for the company.

The Exchange had sought clarification from the Company with respect to news item captioned "NCLT gave order in favor of Bank of Baroda for repayment of Rs.172 cr loan amount from Vimal Oil & Foods Ltd". The response from the Company is enclosed.

The Exchange has sought clarification from the Company with respect to news item captioned- "NCLT gave order in favor of Bank of Baroda for repayment of Rs.172 cr loan amount from Vimal Oil & Foods Ltd' 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)

VIMALOIL:The Exchange has sought clarification from Vimal Oil & Foods Limited with respect to announcement dated 16-Nov-2016, regarding " Vimal Oil & Foods Limited has informed the Exchange that that the Bank of India, being the lead banker of the lenders consortium, has served Symbolic Possession Notice under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 to the Company on 15/11/2016.". On basis of above the Company is required to clarify following: 1. Nature of fraud/default/arrest; 2. Estimated impact on the listed entity;

VIMALOIL:The Exchange has sought clarification from Vimal Oil & Foods Limited with respect to announcement dated 16-Nov-2016, regarding " Vimal Oil & Foods Limited has informed the Exchange that that the Bank of India, being the lead banker of the lenders consortium, has served Symbolic Possession Notice under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 to the Company on 15/11/2016.".On basis of above the Company is required to clarify following:1. Nature of fraud/default/arrest;<br>2. Estimated impact on the listed entity