| Sr. No. |
Name of the Issuer Company ("IC") |
Default, if any, to pay interest or redemption amount |
Failure to create a charge on the assets
|
Revision of rating assigned to the debentures |
| 1 |
ALUMINIUM INDUSTRIES LTD. |
Yes, there are defaults - IC has made a reference in terms of the provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (“SICA”). |
No failure; Secured |
Not Applicable -Not Rated |
| 2 |
ARUNA MILLS LTD. |
Yes, there are defaults - DT filed a Suit before Hon’ble DRT, Ahmedabad (being T.A. No.979 of 1999 in Civil Suit No.4138 of 1994); Await Decree. |
No failure; Secured |
Not Applicable -Not Rated |
