Pursuant to the verbal order pronouncemnet by the Hon''ble Bench of NCLT New Delhi on 21st July 2026, the Resolution Plan submitted by Indus Intellirisk and Intellisense Services Private ....

Pardeep Kumar 408 Ram Baugh Lane, Lotus Park BHD, H.P. Petrol Pump, Malad (W Chincholi), Lakhani Mumbai City, Maharashtra-400064 M: 9811115617 In solvency Professional Email : IB BI/IPA-001/IP-P00541/2017-2018/10966 Pradeep.lakhani1967@gmail.com To 23.07.2026 BSE Ltd. Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Scrip Code: 526927 Dear Sir / Madam Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Approval of Resolution Plan by the Hon'ble National Company Law Tribunal vide its order dated 21st July, 2026. Dear Sir/Madam, The CIRP of the Company/Corporate Debtor was initiated pursuant to the Order dated 18th August 2020 passed by the Hon'ble NCLT, New Delhi Bench, whereby the undersigned was appointed as the Interim Resolution Professional. Subsequently, the undersigned was confirmed as the Resolution Professional by the Hon'ble NCLT vide Order dated 07th October 2020. The Resolution Plan submitted by the Successful Resolution Applicant “Indus Intellirisk and Intellisense Services Private Limited” was approved by the Committee of Creditors in its 09th Committee of Creditors (CoC) Meeting held on 26th April 2021 with 100% voting share in favour. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations"), read with Schedule III, Part A, Paragraph A, Clause 16(k) and (l) thereof, which requires every listed entity to disclose material events relating to the Corporate Insolvency Resolution Process ("CIRP") under the Insolvency and Bankruptcy Code, 2016 ("IBC"), including the specific features and details of the resolution plan as approved by the Adjudicating Authority (excluding commercial secrets), we wish to inform you that the Hon'ble National Company Law Tribunal, New Delhi Bench ("Hon'ble NCLT"), vide its Order dated 21st July 2026, has approved the Resolution Plan submitted by Indus Intellirisk and Intellisense Services Private Limited ("Successful Resolution Applicant" or "SRA") under Section 31 of the IBC in respect of Dion Global Solutions Limited ("Corporate Debtor"/"Company"), a copy of order is enclosed herewith as Annexure A to this letter. Please note that the aforesaid Order of the Hon'ble NCLT is yet to be uploaded on the official website of the Hon'ble NCLT. This is for your information and record. Thanking you, Yours faithfully, Pardeep Kumar Lakhani Resolution Professional of Dion Global Solutions Ltd. IBBI/IPA-IP/P-00541/2017-2018/10966 AFA Valid upto: 31.12.2026 Add.: 408 Ram Baugh Lane, Lotus Park BHD, H.P. Petrol Pump, Malad (W Chincholi), Mumbai City, Maharashtra-400064 IN THE NATIONAL COMPANY LAW TRIBUNAL NEW DELHI BENCH COURT- VI I.A No. 3678 (Plan) of 2021 C.P.(I.B.) No. 2695 (ND)/2019 (Application under Section 30(6) and Section 31 of the Insolvency and Bankruptcy Code, 2016) IN THE MATTER OF: - M/S. MYKIND VACATIONS PVT. LTD. …OPERATIONAL CREDITOR VERSUS M/S DION GLOBAL SOLUTIONS LTD. ...CORPORATE DEBTOR IN THE MATTER OF: MR. PARDEEP KUMAR LAKHANI RESOLUTION PROFESSIONAL M/S. DION GLOBAL SOLUTIONS LTD ...APPLICANT IN THE MATTER OF: INDUS INTELLIRISK AND INTELLISENSE SERVICES PRIVATE LIMITED …SUCCESSFUL RESOLUTION APPLICANT Order Delivered on: 21.07.2026 CORAM: JUSTICE JYOTSNA SHARMA MS. ANU JAGMOHAN SINGH HON'BLE MEMBER (JUDICIAL) HON'BLE MEMBER (TECHNICAL) Page | 1 I.A No. 3678(Plan) of 2021 in C.P.(I.B.) No.2695(ND)/2019 Date of Order: 21.07.2026 APPEARANCES: For the SRA : Adv. Pardeep Dahiya For the Resolution : Adv. Kinshuk Chatterjee, Mr. Pradeep Professional Lakhani ORDER 1. The present application has been filed by Mr. Pardeep Kumar Lakhani, Resolution Professional (RP) of M/s Dion Global Solutions Ltd (‘Corporate Debtor’) under the provisions of Section 30(6) read with Section 31(1) of the Insolvency & Bankruptcy Code, 2016 (‘the Code’) read with Regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (‘Regulations’) for approval of the Resolution Plan in respect of M/s Dion Global Solutions Ltd (‘Corporate Debtor’) for seeking approval of the Resolution Plan dated 25.01.2021 submitted by Indus IntelliRisk and IntelliSense Services Private Limited ("Successful Resolution Applicant/ SRA"). 2. Briefly stated, the facts as averred by the applicant in the application are stated as follows: a. That vide Order dated 18.08.2020, this Adjudicating Authority, initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, namely M/s Dion Global Solutions Ltd, and appointed Mr. Pradeep Kumar Lakhani as the Interim Resolution Professional (IRP) in the matter. b. In the 1st CoC meeting held on 23.09.2020, CoC unanimously resolved to appoint the IRP/Applicant as the Resolution Professional Page | 2 I.A No. 3678(Plan) of 2021 in C.P.(I.B.) No.2695(ND)/2019 Date of Order: 21.07.2026 of the Corporate Debtor ("RP") and the same has been taken on record by the Hon'ble Adjudicating Authority vide its order dated 07.10.2020. c. That the initial CIRP period of 180 days was due to expire on 14.02.2021. Pursuant to the resolution passed by the CoC in its 5th meeting held on 12.02.2021, an application under Section 12(2) of the Code seeking extension of the CIRP period by 90 days was filed, which came to be allowed by this Tribunal vide order dated 01.03.2021. d. That in the 2nd CoC meeting held on 31.10.2020, the CoC approved the eligibility criteria under Section 25(2)(h) of the Code with 100% voting share and authorised the Resolution Professional to issue Form G inviting Expressions of Interest (EOI). Thereafter, pursuant to the aforesaid approval, Form G inviting Expressions of Interest was published in Financial Express (English) and Jansatta (Hindi) on 01.11.2020, fixing 16.11.2020 as the last date for submission of EOIs. e. That in the 3rd CoC meeting held on 23.11.2020, the CoC resolved to reissue Form G to ensure wider participation of prospective resolution applicants and value maximisation. Accordingly, the revised Form G was published on 26.11.2020 under Regulation 36A (1) of the CIRP Regulations, 2016 in Financial Express and Jansatta, fixing 11.12.2020 as the last date for submission of EOIs. f. That in the 4th CoC meeting held on 16.12.2020, the Resolution Professional informed the CoC that Expressions of Interest had been Page | 3 I.A No. 3678(Plan) of 2021 in C.P.(I.B.) No.2695(ND)/2019 Date of Order: 21.07.2026 received from three Prospective Resolution Applicants, namely, M/s Indus IntelliRisk & IntelliSense Services Private Limited, M/s Bodal Chemicals Limited, and M/s Sabrimala Industries India Limited. g. That in the 5th CoC meeting held on 12.02.2021, the Resolution Professional apprised the CoC regarding issuance of the Information Memorandum, Request for Resolution Plan and the final list of Prospective Resolution Applicants. It was further informed that M/s Bodal Chemicals Limited had withdrawn its EOI and that only one Resolution Plan submitted by M/s Indus IntelliRisk & IntelliSense Services Private Limited was received and placed before the CoC for consideration. The CoC also resolved on 12.02.2021 to seek extension of the CIRP period by 90 days under Section 12(2) of the Code, which was subsequently allowed by this Tribunal vide order dated 01.03.2021. h. That in the 6th CoC meeting held on 23.02.2021, the CoC deliberated upon the Resolution Plan submitted by M/s Indus IntelliRisk & IntelliSense Services Private Limited, sought clarifications on various aspects thereof, and requested the Successful Resolution Applicant to revise the terms of the Resolution Plan after considering the suggestions of the CoC. i. That in the 7th CoC meeting held on 17.03.2021, the CoC considered the clarifications furnished by the Successful Resolution Applicant but was not inclined to approve the Resolution Plan in its existing form [Showing first 8,000 characters — download PDF for full document]