IVRCLINFRA

Significant increase in price has been observed in IVRCL Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. IVRCL Limited has submitted their response.

Significant movement in price has been observed in IVRCL Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

IVRCLINFRA: The Exchange had sought clarification from IVRCL Limited with respect to announcement dated 02-Nov-2018, regarding " IVRCL Limited has informed the Exchange regarding "UPDATE ON THE RESULTS OF PHYSICAL VOTING ON THE RESOLUTION PUT TO VOTE IN THE THIRTEENTH MEETING OF THE COMMITTEE OF CREDITORS ("CoC") OF IVRCL LIMITED (Under Corporate Insolvency Resolution Process) HELD ON OCTOBER 31, 2018".On basis of above the Company is required to clarify following:1. Any other material information not involving commercial secrets2. Salient features, not involving commercial secrets, of the res

IVRCLINFRA:The Exchange has sought clarification from IVRCL Limited with respect to announcement dated 02-Nov-2018, regarding " IVRCL Limited has informed the Exchange regarding "UPDATE ON THE RESULTS OF PHYSICAL VOTING ON THE RESOLUTION PUT TO VOTE IN THE THIRTEENTH MEETING OF THE COMMITTEE OF CREDITORS ("CoC") OF IVRCL LIMITED (Under Corporate Insolvency Resolution Process) HELD ON OCTOBER 31, 2018.".". On basis of above the Company is required to clarify following: 1. Any other material information not involving commercial secrets<br> 2. Salient features, not involving commercial secrets,

The Exchange has sought clarification from IVRCL Limited with respect to recent news item captioned "Strategic Investors approached Lenders to buy stake in Company.". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. IVRCL Limited has submitted their response.

The Exchange has sought clarification from IVRCL Limited with respect to recent news item captioned "Strategic Investors approached Lenders to buy stake in Company.". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

The Exchange has sought clarification from IVRCL Limited with respect to recent news item captioned "Essel in talks to buy stake in IVRCL unit". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. IVRCL Limited has submitted their response.

The Exchange has sought clarification from IVRCL Limited with respect to recent news item captioned "Essel in talks to buy stake in IVRCL unit". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

The Exchange has sought clarification from IVRCL Limited with respect to recent news item captioned "Vivekananda Road flyover collapsed in Kolkatta, being constructed by IVRCL". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. IVRCL Limited has submitted their response.

The Exchange has sought clarification from IVRCL Limited with respect to recent news item captioned "Vivekananda Road flyover collapsed in Kolkata, being constructed by IVRCL". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

News about IVRCL Limited.The media had reports that "IVRCL to hold bankers' meet on demerger plans".The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company.IVRCL Limited has vide its letter inter-alia stated, "The company is under CDR mechanism with the lenders. We understand that there are a few meetings among the lenders and that there is a meeting of the Senior lenders during this week. The Banks / Lenders are the major shareholders of t

The Exchange has sought clarification from IVRCL Limited, with respect to recent news item captioned "IVRCL to hold bankers' meet on demerger plans". In this regard, the Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

News about IVRCL Limited. The media had reports that "IVRCL to get new owners as banks ready to invoke SDR". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. IVRCL Limited has vide its letter inter-alia stated, "The company is under CDR mechanism with the lenders. The CDR lenders have various options of restructuring of debt of the Company and Strategic Debt Restructuring (SDR) option was one of them in terms of Reserve Bank o

The Exchange has sought clarification from IVRCL Limited, with respect to recent news item captioned "IVRCL to get new owners as banks ready to invoke SDR". In this regard, the Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

News Verification : The media had reports that "IVRCL in final stages to sell two road assets valued around Rs.2000 - Rs.2500 crores". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. IVRCL Limited has vide its letter inter-alia stated, "We would like to deny the news item."

The Exchange has sought clarification from IVRCL Limited with respect to recent news item captioned "IVRCL in final stages to sell two road assets valued around Rs.2000 - Rs.2500 crores." In this regard, the Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether

The Exchange has sought clarification from IVRCL Limited with respect to recent news item captioned "IVRCL to exit BOT assets to focus on water projects". The Company has clarified that (1). As part of strategic business plan to monetize assets, IVRCL proposed to divest its stake in certain BOT Assets and Water Projects. The same has been mentioned in press release dated April 01, 2013 under copy to stock exchanges. Therefore, the news is already in public domain. (2). The Company are not aware of any information that has not been announced to the Exchanges under clause 36 of the Listing Agre

The Exchange has sought clarification from IVRCL Limited with respect to recent news item captioned "IVRCL to exit BOT assets to focus on water projects". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company are aware of any information th

The Exchange had sought clarification from IVRCL Limited with respect to an announcement regarding press release dated December 18, 2014 titled "IVRCL Limited entered into a binding agreement to sell its equity stake in Chennai Water Desalination Limited with a total Project Cost of INR 550 Crores to Utico FZC". On the basis of the above the Company was required to clarify following; 1. Exact amount involved in the Transaction and corresponding holding. 2. Also the impact on the Company by such transaction. The Company has clarified that The deal value is Rs. 150 Crores for the 100%

The Exchange has sought clarification from IVRCL Limited with respect to announcement regarding press release dated December 18, 2014 titled "IVRCL Limited entered into a binding agreement to sell its equity stake in Chennai Water Desalination Limited with a total Project Cost of INR 550 Crores to Utico FZC". On basis of above the Company is required to clarify following: 1. Exact amount involved in the Transaction and corresponding holding. 2. Also the impact on the Company by such transaction. The response of the Company is awaited.

The Exchange had sought clarification from IVRCL Limited with respect to a news item captioned "IVRCL to sell desalination plant". The Company has clarified that "As part of strategic business plan to monetize assets, IVRCL proposed to divest its stake in certain Road and Water Projects. The same has been mentioned in press release dated April 01, 2013 under copy to stock exchanges. Therefore, the news is already in public domain".

Ivrcl Limited has informed the Exchange with reference to the news item published in the news paper dated November 17, 2011 titled "IVRCL to go for Mining in Africa". IVRCL Ltd has clarified to Exchange that the Company deny the giving out of any press note / press release to any publication. In fact the Company have not even discussed anything on these lines in any of the Company's Board meetings. However IVRCL will continue to bid for projects abroad, including in Africa, under its Engineering, Procurement and Construction (EPC) segment.

News Verification : The media had reports that IVRCL Infrastructures & Projects Limited the company may sell its entire 55% stake in Hindustan Dorr-Oliver Limited.. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. IVRCL Infrastructures & Projects Limited has vide its letter inter-alia stated," We categorically deny the news item regarding selling the stake of IVRCL in Hindustan Dorr-Oliver Limited."

Ivrcl Infrastructures & Projects Ltd. has informed the Exchange that "It is being broadcast by certain TV channels that about seventy Offices of IVRCL Infrastructures & Projects Limited (IVRCL) are being raided by the Income Tax Department. All the viewing Public and the general public are hereby informed that no such raids by the Income Tax Department are taking place and the news items are unfounded and baseless. All the offices of IVRCL are functioning normally."

News Verification : The media had reports that IVRCL Infrastructures & Projects Ltd. may divest up to 49% stake in BOT projects and may sell its 20% stake in Alkor Petroo. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. IVRCL Infrastructures & Projects Ltd. has vide its letter inter-alia stated, " The company has 4 BOT projects under execution (which includes 3 Road projects) and also stake in Production Sharing Co

News Verification : The media had reports that IVRCL Infrastructures & Projects Ltd. may acquire a Swedish construction equipment manufacturer, for deal valued around $100 million. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. IVRCL Infrastructures & Projects Ltd. has vide its letter inter-alia stated, "We would like to deny the issue of the news item that has appeared in the media and we further confirm that we

Ivrcl Infrastructures & Projects Ltd. has submitted to the Exchange a clarification on media reports as follows: "The Company has made an announcement of its decision to acquire 70% of Hindustan Dorr-Oliver Ltd., for a consideration of Rs.539.00 million including the non-compete fee, for which the Share Purchase Agreement was signed on April 27, 2005, and that in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations the Company would be making an Open Offer for the public shareholders upto a minimum of 20% of the paid-up capital of the Company. In this connecti

Clarification of News : The press had reports on April 06, 2005 that IVRCL Infrastructures & Projects Ltd. is likely to acquire Hindustan Dorr-Oliver Ltd. in a deal estimated at around Rs 60 crore. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. IVRCL Infrastructures & Projects Limited has vide its letter inter-alia stated, "In continuation of our disclosed business strategy, the Company has been exploring various

Clarification of News : The press had reports that IVRCL Infrastructures & Projects Ltd. is likely to acquire Hindustan Dorr-Oliver Ltd. in a deal estimated at around Rs 60 crore. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from IVRCL Infrastructures & Projects Limited.