BSECompany Update13 Oct 2026 · 13 Oct 2026, 10:39 am
Quarterly Compliance -JUne 30,2026
Tayo Rolls Ltd-$ · 504961
✦ AI Summary▼ NegativeInsolvency
Tayo Rolls Ltd has made a public announcement regarding the Corporate Insolvency Resolution Process (CIRP) and has requested the NCLAT to exempt them from liability for non-compliance with statutory rules and regulations due to a deadlock between the SRA and the RP.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10
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Full Announcement
Tayo Rolls Ltd-$ - 504961 - Corporate Insolvency Resolution Process (CIRP)-Public Announcement
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Fio 0r rnt : 2g 5c Y ,r e S P' ta o Jr c y k T= oE wL x ei cs rt h si a n ng gD ee p La ir mit tm ee dn t bl S
Dalal Streey
Mumbai — 400 004
Stock Code: 504961
Website: Listing bseindia.com
Dear Madan/sir Re: Quarterly Compliances-June 30, 2026
ModT afeh ( b ;i t rs o ? irl ?)e ) )t r N wt ge h gr t Wi zhs i e ch gb he WDai h:n s eg c rb e ew e imr e ni bnt e wt ae r ecn q i 1 ii un 7n n i , f rtt 2 oh eh re 0d m 2c b e4a y d p pa J aac h bi sa ot sr uy ek t dho sf a i bn ye m ydr i s ltBt ai h rw j el h i di LV el di a.e t drC iNao oCnm cL Np kTil , fi g oa a rKn m o tc l hLe k et a O qd tf ua(f
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2024’?3'::‘1:::(2022;;zferged to your good office vide dated April 6, 2019 and letter dated December 18
IBC, 2016 Had approve:themor had been admitted to insolvency and that the Adjudicating Authority under
It has also come e no:leo:t:_:c:u(trl‘on Plan of JBVNL in acquiring the said Corporate Debtor respectively
Hon'b1e NCLAT, New Daini at the implementation of the said Resolution Plan has been stayed by the
;rgr'fi",?i:n\;/ghou; saying that once the Resolution Plan ha§ been approved, the entire on us statutory
SR P; Ses on to the S_uccessful Rgso\unon Appllcan_t (SRA) and the liability of the erstwhile
= officer ceases to continue. In fact, it would not be gainsaid that the Resolution Professional (RP)
5_0 l'?ear_s liability towards the statutory compliances of the corporate debtor once he is appointed by the
Adjudicating Authority under the Code.
Unfortunately enough, in spite of repeated endeavours from our end, neither the SRA nor the RP has
s_hown any diligent interest towards compliance of the statutory rules and regulations prescribed under the
different statutes. Owing to the deliberate non-interest shown by the said above, it has become an
impossibility for the undersigned to comply and report the statutory obligations to your good office. Further,
we would also like to inform you that our official email IDs and website are also inoperative
In the said backdrop, it is humbly requested lo your good office to take note of the deadlock that has
appeared in the Resolution of the corporate debtor owing to the dispute and differences by and between the
SRA and the RP and consequently of the impossibility of adherence of the timelines prescribed for quarterly
and annual statutory compliances and thus, exempt the undersigned andlor other erstwhile key managerial
personnel from any liability in this respect.
We place the above information for your kind perusal and favourable consideration, please
Thanking you
(Ham Bhamra)
Co. Secretary & Compliance Officer
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TAYO ROLLS LIMITED
Regd. Office: Road No 11, Qr. No. 3, C. H. Area (North East), Bistupur, Jamshedpur-
nd,INDIA
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Website: Www. ATATA Enterprise