03-Jul-2026 16:36:56
SETUINFRA : CLARIFICATION ON PROMOTER DISCLOSURES
• The Resolution Professional (RP) for Setubandhan Infrastructure Limited has informed exchanges regarding the non-receipt of disclosures from current promoters for the financial year ended March 31, 2026. • This pertains to declarations required under Regulation 31(4) and 31(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. • The company's Corporate Insolvency Resolution Process (CIRP) was initiated on November 28, 2022, and the RP was appointed thereafter. • An appeal has been filed before the National Company Law Appellate Tribunal (NCLAT) after the Resolution Plan was rejected by the NCLT on March 24, 2025. • The RP stated that the current promoters' contact details are unavailable, preventing the necessary communication to secure the required declarations. Impact: Neutral (Procedural clarification regarding non-receipt of promoter disclosures due to unavailability of contact details)
Setubandhan Infrastructure Limited
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