Kwality Limited: corporate announcements

468 records, the earliest from 11 Nov 2011. As filed with the exchanges; the history is only as deep as the data Tradinity has collected.

Bulk & block deals Corporate actions Announcements Dividends Board meetings Insider trading & SAST Download CSV

468 shown.

Date	Category	Subject
27 Feb 2022 15:04	Delisting	Members of the Exchange are hereby informed that the admission to dealings in securities of the company Kwality Limited shall be withdrawn (delisted) w.e.f. February 28, 2022 pursuant to Hon��ble National Company Law Tribunal (NCLT) order dated December 21, 2021.
25 Jan 2022 12:54	Updates	kwality limited has informed the Exchange regarding 'In furtherance to our earlier communique dated January 19, 2022, whereby it was intimated, inter alia, that as perthe order dated December 21, 2021 by Hon ble Adjudicating Authority, National Company Law Tribunal(NCLT), the successful bidder viz. Sarda Mines Private Limited (SMPL) has deposited full consideration of INR121 Crores together with interest (after deducting TDS) (where such interest portion is sub-judice and is subjectto the outcome of the directions of the Hon ble NCLT in I.A. No. 5208 of 2021) for sale of Kwality Limited (InLiquidation) as a going concern under the provisions of the Insolvency & Bankruptcy Code, 2016 (IBC) and theInsolvency & Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (Liquidation Regulations)framed thereunder.'.
25 Jan 2022 12:37	Updates	kwality limited has informed the Exchange regarding 'In furtherance to our earlier communique dated January 19, 2022, whereby it was intimated, inter alia,that as per the order dated December 21, 2021 passed by Hon ble Adjudicating Authority, NationalCompany Law Tribunal, New Delhi Bench-III (NCLT) in I.A. No. 5208 of 202 filed by the successfulbidder viz. Sarda Mines Private Limited (SMPL), SMPL has deposited full consideration of INR 121Crores together with interest (after deducting TDS) (where such interest portion is sub-judice and issubject to the outcome of the directions of the Hon ble NCLT in I.A. No. 5208 of 2021) for sale ofKwality Limited (In Liquidation) as a going concern under the provisions of the Insolvency &Bankruptcy Code, 2016 (IBC) and the Insolvency & Bankruptcy Board of India (Liquidation Process)Regulations, 2016 (Liquidation Regulations) framed thereunder'.
19 Jan 2022 12:52	Updates	kwality limited has informed the Exchange regarding 'In furtherance to our communique dated 3rd January 2022, whereby it was intimated that the Hon'ble NCLT videorder dated 21st December 2021 directed the Successful Bidder to pay the balance consideration to the tune ofINR 116 Crores in terms of Letter of Intent dated 14th October 2021 executed between Successful Bidder andthe Liquidator by 3rd January 2022. That in compliance to the order dated 21st December, 2021, the successfulbidder has deposited the balance sale consideration of INR 116 Crores in the designated liquidation bank accountof the Corporate Debtor on 3rd January 2022.'.
13 Jan 2022 10:36	Certificate under SEBI (Depositories and Participants) Regulations, 2018	kwality limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, please find enclosed a copy of the certificate for the quarter ended as on 31st December, 2021 as received from Beetal Financial & Computer Services Private Limited, the Registrar and Share Transfer Agent of the Company.
4 Jan 2022 07:31	Updates	kwality limited has informed the Exchange regarding 'In furtherance to our communique dated December 28, 2021, whereby it was intimated that the Hon'ble NCLT vide order dated 21st December 2021 directed the Successful Bidder to pay the balance consideration to the tune of INR 116 Crores in terms of Letter of Intent dated 14.10.2021 executed between Successful Bidder and the Liquidator on 3rd January 2022.This is to bring to your knowledge that in compliance to the order dated 21st December, 2021, the successful bidder has deposited the balance sale consideration of INR 116 Crores in the designated liquidation bank account of the Corporate Debtor today i.e. 3rd January 2022.'.
28 Dec 2021 12:28	Updates	kwality limited has informed the Exchange regarding 'In furtherance to our communique dated September 28, 2021, whereby it was intimated that pursuant to e-auction for sale of Kwality Limited (In Liquidation) as a going concern under the provisions of the Insolvency & Bankruptcy Code, 2016 ( IBC ), the Liquidator of Kwality Limited (in liquidation) ( Kwality ) declared the successful bidder Kwality and issued the draft Letter of Intent dated September 27, 2021 ( LoI ) in favour of the Successful Bidder for execution. The successful bidder executed the LoI on October 14, 2021.In terms of Clause 15.3 of the Process Memorandum read with Clause 5 of the duly executed Letter of Intent ( LoI ) and as provided under Regulation 32 of the IBBI (Liquidation Process) Regulations, 2016 framed under the IBC, the Successful Bidder is required to deposit the entire sale consideration/Bid Amount within maximum period of 90 (ninety) days from date of execution of the LoI i.e. November 13, 2021.'.
30 Nov 2021 09:20	Copy of Newspaper Publication	kwality limited has informed the Exchange about Copy of Newspaper Publication
29 Nov 2021 13:42	Financial Result Updates	kwality limited has submitted to the Exchange, the financial results for the period ended September 30, 2021.
29 Nov 2021 13:39	Outcome of Board Meeting	kwality limited has informed the Exchange regarding Board meeting held on November 29, 2021.

Disclosures are shown as filed with the exchanges; Tradinity does not verify them. Nothing here is investment advice.