Non Applicability Of Escrow Payment Mechanism

This is with reference to Para 4 of Continuous disclosures and compliances by listed entities under SEBI (Issue and Listing of Municipal Debt Securities) Regulations, vide circular number 2015SEBI/HO/DDHS/CIR/P/134/2019 dated November 13, 2019. We would like to submit that the requirement for submission of the Escrow Payment Mechanism is not applicable to the listed entity (Vinyoflex Limited), as