JMT Auto : CIRP - Committee meeting updates

JMT AUTO LTD.

An Amtek Group Company

IMT/CS/05/2022-23

Date: April 07, 2022

To,

BSE Limited Listing Department

Floor 25, P.J. Towers,

Dalal Street, Mumbai-40001 Scrip Code: 513691

Dear Madam / Sirs,

To,

National Stock Exchange of India Ltd Listing Department

"Exchange Plaza', Bandra-Kurla

Compiex,

Bandra (E), Mumbai 400051 NSE Symbol: JMTAUTOLTD

Sab:Disclosure of outcome of Second Meeting of Committee of Creditors

("CoC"),under Regulation 30 of the SEBI

(Listing Obligation

and

Disclosure Requirements) Regulation, 2015 in the matter of M/s. JMT Auto Limited ("Corporate Debtor")

the Corporate Debtor and appointment of
Mr.	bearing IBBI	Reg.	No.	IBBVIPA-001/IP-P0071 1/2017-18/11265
as	Professional	vide	an	order of Hon'ble NCLT, Mumbai Bench

Pardeep Kumar Sethi the Interim Resolution dated 23" February, 2022 (order receipt date is 25" February, 2022).

We refer to the intimation letter dated 28 February, 2022 regarding initiation of Corporate Insolvency Resolution Process ("CIRP") against

In furtherance thereof, pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in accordance with the requirements

of sub-clause 16 (g) of Clause	A of Part A of Schedule
undersigned hereby intimates	that the following matters	second
Affairs

/

Ii] of Listing Regulations, the were discussed in the meeting of the Committee of Creditors (CoC) scheduled on 7™ April, 2022:

• 2. The RP regarding the actions taken by him and updated operations of the Company.

• 1. The RP presented discussed

  ye

  the updated list of creditors.

  The RP discussed about the funding options for imterim finance required to keep the CD in a running condition

• 4, The RP presented timelines

  State ofof key CIRP activities before the CoC members.

  w

  The RP of the appointment of Valuer for valuation

  sought ratification

  of Land of the

  Corporate Debtor. At the request of the CoC, the matter was put for e-voting.

• 6. The RP placed before the CoC, quotations received from IBBI Registered Valuer for appointment of 2 Registered Valuer. At the request of the CoC, the matter was put for e-voting.

F

We

i

UT

| Mona< Bahadur

.

Corporate Office & Works:

C-19-20, 7th Phase, Industrial Area,

CIN: L42274DL1997PLC270939

Adityapur, Jamshedpur-832 109, Jharkhand, India Phone : +91-657-G626379 / 6626333

Fax : [phone], E-mail :[e-mail]

Website : www,jmtauto.com

|

Company Secretary

Registered Office:

Pamposh Enclave
Guru	Nanak Market
Opp.	LSC Market
New

3. LSC,

Li ited

Delhi - 110048

Phone : +91

9234602083

• 7. The RP placed before Audit. At the request of

• 8. The RP sought approval

the	CoC,	quotations	received
the	CoC,	the matter	was put for
from

the CoC members to allow him to raise Interim

for conducting Transaction e-voting.

Finance. At the request of the CoC, the matter was put for e-voting.

9,

The RP placed CIRP expense sheet before the CoC for ratification. At the request of the CoC, the matter was put for e-voting.

Thanking you,

For JMT Auto Limited

(a company under CIRP by NCLT order dated 23rd February, 2022)

CIN : L42274DL1997PLC270939

Corporate Office & Works :

C19 & 20, 7th Phase, Industrial Area

Adityapur, Jamshedpur-832109, Jharkhand, India

Phone: [phone]

Fax: [phone], E-mail :[e-mail], website:www.jmtauto.com

Registered Office :

3LSC, Pamposh Enclave Guru Nanak Market

Opp. LSC Market New Delhi - 110048

Phone : +91

9234602083