QUADRANT TELEVENTURES : NCLT APPROVES RESOLUTION PLAN WORTH RS 231.50 CR

• NCLT Mumbai Bench approved Fastway Transmissions' resolution plan for Quadrant Televentures on November 3, 2026 • Total realisable amount under plan ₹231.50 Cr; fair value ₹228.25 Cr and liquidation value ₹178.85 Cr • SRA to infuse ₹58.16 Cr by way of equity, balance by way of loan with option to convert into equity • Secured financial creditors to receive ₹223.58 Cr: ₹194.58 Cr within 60 days of NCLT approval and ₹29 Cr within 14 months • Post-restructuring, SRA allotted 5,81,64,725 shares (95%); public shareholding reduced to 5% (30,61,301 shares) and promoter shares cancelled for nil consideration • Company to continue as a going concern; all assets to be free of encumbrances on effective date

Quadrant Televentures Ltd-$

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