LITL

Lanco Infratech Limited has informed the Exchange regarding 'In continuation to the Letter of intimation to Stock Exchanges dated August 20, 2018 in respect of application for liquidation under Section 33(1)(a) of the Insolvency and Bankruptcy Code, 2016 filed by Resolution Professional (��RP��) with Hon'ble National Company Law Tribunal (��NCLT��), Hyderabad Bench on July 27, 2018 on account of non-approval of the Resolution Plan by the Committee of Creditors, it is hereby informed that the Hon'ble NCLT, Hyderabad Bench passed an Order on August 27, 2018 appointing Shri Savan Godiawala, Resol

Lanco Infratech Limited has informed the Exchange regarding 'In continuation to the Letter of intimation to Stock Exchanges dated July 30, 2018 in respect of application for liquidation under Section 33(1)(a) of the Insolvency and Bankruptcy Code, 2016, filed by Resolution Professional (��RP��) with Hon'ble National Company Law Tribunal (��NCLT��), Hyderabad Bench on July 27, 2018, it is hereby informed that the Hon'ble NCLT, Hyderabad Bench heard the application on August 14, 2018 seeking liquidation of the Company and the Application filed by Employee Welfare Association seeking reasons from

Lanco Infratech Limited has informed the Exchange regarding 'In continuation to the Letter of intimation to Stock Exchanges dated July 17, 2018, it is hereby informed that as per the Order of Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench dated July 13, 2018, the revised Resolution Plan submitted by Thriveni Earthmovers Private Limited (��TEPL��) was placed before Committee of Creditors (��CoC��) by the Resolution Professional (��RP��) for the approval of the CoC in accordance with the Insolvency and Bankruptcy Code, 2016 and the rules and regulations framed thereunder, which wa

Lanco Infratech Limited has informed the Exchange regarding 'In continuation to the Letter of intimation to Stock Exchanges dated May 03, 2018, it is hereby informed that the Hon'ble National Company Law Tribunal (��NCLT��), Hyderabad Bench has passed an Order on July 13, 2018 allowing Resolution Professional (��RP��) / Committee of Creditors (��CoC��) further 16 days with immediate effect i.e. from July 13, 2018 to complete the Corporate Insolvency Resolution Process (��CIRP��) and further directed the RP to place the revised Resolution Plan filed by Thriveni Earthmovers Private Limited (��TE

Lanco Infratech Limited has informed the Exchange regarding 'The Company hereby informs that ---(a). In continuation to the Letter of intimation to Stock Exchanges dated May 03, 2018, the Hon��ble NCLT has posted the matter for hearing on June 13, 2018. In view of the significant uncertainty in reflecting the financial position of the Company during the pendency of the application as referred to in the Letter of intimation to Stock Exchanges dated May 03, 2018, the Resolution Professional has sought additional time from Securities and Exchange Board of India (SEBI) for finalization and submiss

Lanco Infratech Limited has informed the Exchange regarding 'This is to inform you that the resolution plan submitted by Thriveni Earthmovers Private Limited was presented by the Resolution Professional for the approval of the committee of creditors (CoC), in accordance with the Insolvency and Bankruptcy Code, 2016 and the rules and regulations framed thereunder. On account of less than 75% of the votes being cast in favor, the aforementioned approval of the CoC could not be obtained. Since the corporate insolvency resolution period expires on May 4, 2018, the necessary application is being fi

Lanco Infratech Limited has informed the Exchange regarding 'Intimation of Material Event under Regulation 30 - Implementation of Strategic Debt Restructuring(SDR) under Reserve Bank of India (RBI) Circular(s), in Lanco Kondapalli Power Limited, Subsidiary of the Company'.

Lanco Infratech Limited has informed the Exchange that In pursuance of our earlier communication dated August 09, 2017 informing about the initiation of the corporate insolvency resolution process against Lanco Infratech Limited ( Company ), we would like to further inform that Mr Savan Godiawala ("IRP") has been appointed as the interim resolution professional and the management of the affairs of the Company now vests with him and the powers of the Board of Directors of the Company stand suspended and shall be exercised by the IRP with effect from August 07, 2017 under Section 17 of the Insol

Lanco Infratech Limited has informed the Exchange that This Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench vide Order dated August 07, 2017 has initiated Corporate Insolvency Resolution Process (CIRP) in Lanco Infratech Limited ( Company ) under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC), based on the application filed by IDBI Bank Limited, Financial Creditor of the Company, which was informed to the Stock Exchanges by the Company on June 17, 2017. Mr. Savan Godiawala was appointed as Interim Resolution Professional (IRP) with effect from August 07, 2017 under t

Lanco Infratech Limited has informed the Exchange that Reserve Bank of India ( RBI ) directed IDBI Bank Limited ( IDBI ), the lead bank of Lanco Infratech Limited ( LITL ) to initiate Corporate Insolvency Resolution Process ( CIRP ) for LITL under the Insolvency and Bankruptcy Code, 2016. The CIRP is mandated at LITL level only with fund based outstanding exposure of Rs.7,799 Crores and non-fund based outstanding exposure of Rs.3,349 Crores as on March 31, 2016. In this regard, a meeting of lenders of LITL is scheduled by IDBI on Monday, June 19, 2017 at Mumbai to discuss on the mandate receiv

Lanco Infratech Limited has informed the Exchange that Lanco Infratech Limited ( LITL ) vide letter dated June 17, 2017, intimated under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that Reserve Bank of India ( RBI ) directed IDBI Bank Limited ( IDBI ), the lead bank of LITL to initiate Corporate Insolvency Resolution Process ( CIRP ) for LITL under the Insolvency and Bankruptcy Code, 2016. The amounts mentioned in above referred letter shall be read as Rs.8,146 Crores for fund based outstanding exposure and Rs.3,221 Crores for non-fund based outst

Lanco Infratech Limited has informed the Exchange that the Company hereby informs that, the lenders of Lanco Resources International Pte. Limited (LRIPL), Singapore, the Subsidiary of LITL, have appointed M/s. PricewaterhouseCoopers Advisory Services Pte. Ltd., as the Receivers and Managers of LRIPL and transferred pledge shares to the Nominee of Security Agent for the purpose of perfection of security. Accordingly, the Nominee of the Security Agent is the legal holder of shares of LRIPL and Lanco Infratech Limited continues to be the beneficial holder of the shares of LRIPL. LRIPL, Singapore

Lanco Infratech Limited has informed the Exchange that the Company had intimated on August 12, 2016 that the Board of Directors approved the sale of Solar Power Undertaking of the Company comprising 35MW by way of slump sale to its wholly owned subsidiary. The said transaction was proposed to be completed on or before September 30, 2016. In this regard, the Company hereby informs that the said Slump Sale Transaction is yet to be consummated due to pending approvals from Government Authorities and Lenders.

Lanco Infratech Limited has informed the Exchange that the Board of Directors of the Company on August 12, 2016 approved the sale of Solar Power Undertaking of the Company comprising of 35 MW by way of slump sale to Lanco Property Management Company Private Limited, Wholly Owned Subsidiary of the Company.

Lanco Infratech Limited has informed the Exchange that a Subsidiary of the Company, Lanco Kondapalli Power Limited has successfully declared Commercial Operations Date (COD) for its expansion capacity of 371 MW (Phase III B Project) with effect from i.e. January 09, 2016.

Lanco Infratech Limited has informed the Exchange that regarding the contact details of Key Managerial Personnel's (KMP) of the Company for the purpose of determining materiality of an event or information and for the purpose of making disclosures to stock exchange(s).

Lanco Infratech Limited has informed the Exchange that the Company hereby informs that Lanco Anpara Power Limited - 1200 MW (LAnPL) one of the step down subsidiary of the Company received tariff order from UPERC to compensate for changes in RFP / PPA conditions in respect of coal supply and power purchase payments.

Lanco Infratech Limited has informed the Exchange that a Subsidiary of the Company, Lanco Kondapalli Power Limited has successfully declared Commercial Operations Date (COD) for its expansion capacity of 371 MW (Phase Ill - Unit I) with effect from August 11, 2015.

Lanco Infratech Limited has informed the Exchange that the company has become the successful bidder of the prestigious EPC Contract for establishing"1x660 MW Super Critical Ennore Thermal Power Station Expansion Project" by Tamil Nadu Generation and Distribution Corporation Limited(TANGEDCO) . The honourable Chief Minister of Tamil Nadu, Ms. Jayalalithaa handed over the confirmation letter to Mr. L Madhusudhan Rao, Executive Chairman of Lanco Infratech Limited. The letter of intent would be issued shortly as confirmed by TANGEDCO. The value of the EPC Contract is about Rs. 3,960 Crores. (Rupee

Lanco Infratech Limited has informed the Exchange that Lanco Hydro Power Limited(LHPL), a subsidiary of the Company, has signed an agreement with Tejassarnika Hydro Energies Private Limited, a subsidiary of Hyderabad based Greenko Energies limited to divest 100% stake in 70 MW Lanco Budhil Hydro Power Project. LHPL has also entered into an MOU to sell two small hydro power plants of 5 MW each located in the Kangra district of Himachal Pradesh, to Greenko Energies limited.

Lanco Infratech Limited has informed the Exchange vide letter dated July 31, 2013 regarding "Lanco bags Tasra Open Cast Project from SAIL".

Lanco Infratech Limited has informed the Exchange that the Company has initiated the process of Corporate Debt Restructuring (CDR) prescribed under the Reserve Bank of India (RBI) guidelines by way of reference to CDR Cell. The proposal is only for Lanco Infratech Limited not for any of its subsidiaries. Corporate Debt Restructuring or CDR is a mechanism adopted in India which permits viable companies additional time to meet debt obligations, subject to certain terms and conditions.

Lanco Infratech Limited has informed the Exchange that the Company's EPC Division has been awarded the prestigious EPC Contracts by Gujarat Industries Power Company Limited (GIPCL), for their 2 x 300 MW Lignite based Thermal Power Project. The Scope of Contract includes Off-shore Supplies, On-Shore Supplies, Civil and Structuring works and On-Shore Services Contract on Engineering, Procurement and Construction (EPC) basis. The Value of the Contracts is Rs. 3293.96 Crores (Rupees Three Thousand Two Hundred Ninety Three Crores and Ninety Six Lacs only).

Lanco Infratech Limited has informed the Exchange that the Company's EPC Division has been awarded the prestigious EPC Contracts by Gujarat Industries Power Company Limited (GIPCL), for their 2 x 300 MW Lignite based Thermal Power Project. The Scope of Contract includes Off-shore Supplies, On-Shore Supplies, Civil and Structuring works and On-Shore Services Contract on Engineering, Procurement and Construction (EPC) basis. The Value of the Contracts is Rs. 3293.96 Crores (Rupees Three Thousand Two Hundred Ninety Three Crores and Ninety Six Lacs only).

Lanco Infratech Limited has informed the Exchange that at the Annual General Meeting of the Company held on September 27, 2012, M/s. Brahmayya & Co, Chartered Accountants (Registration No. 000511S) were appointed as Auditors of the Company in place of M/s. Brahmayya & Co, Chartered Accountants and M/s. S. R. Batliboi & Associates, Chartered Accountants, retiring Auditors, to hold office from the conclusion of the said Annual General Meeting until the conclusion of the next Annual General Meeting at remuneration as may be decided by the Board of Directors of the Company.

Lanco Infratech Limited has informed the Exchange that Udupi Power Corporation Limited, a Subsidiary of the Company, having setup Imported Coal Based Thermal Power Project Unit-2 of 1200 MW (2 x 600 MW) in Udupi District, Karnataka, after completion of the formalities, has declared the Commercial Operation on August 19, 2012. Further, the Principal Buyers of Power have established 400 KV Transmission Line to evacuate Power from the Project. The Government of Karnataka have dedicated the Transmission Line to the Nation on September 12, 2012. With these, both the Units of the Project are in Oper

Lanco Infratech Limited has informed the Exchange that Lanco Devihalli Highways Limited (LDHL), Special Purpose Vehicle of the Company, has commissioned its BOT Toll Road Project on June 25, 2012 at 00.00 Hours. The Toll Road is a part of National Highway (NH-48) from Bangalore to Mangalore, out of which LDHL has completed 4-Laning from Neelmangala Junction (at Bangalore) to Devihalli of about 80 KM. LDHL had started successful toll collection from June 25, 2012. LDHL will have the benefit of toll collection over the Concession Period for this Stretch upto January 04, 2033.

Lanco Infratech Limited has informed the Exchange that the Company has put in place - Vamshi Industrial Power Limited as a Holding Company for Thermal Special Purpose Vehicles (SPVs) and Vamshi Hydro Energies Private Limited as a Holding Company for Hydro Electric SPVs with effect from March 31, 2012. These two Holding Companies are Wholly Owned Subsidiaries of the Power Holding Company, Lanco Power Limited, which in turn is a Wholly Owned Subsidiary of the Company.

Lanco Infratech Limited has informed the Exchange that Lanco Hills Technology Park Private Limited (LHTPPL), a Subsidiary of the Company, had purchased 100 Acres of land from Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC), (a Nodal Agency of the Government of Andhra Pradesh) In a public auction under competitive bidding route. On 14th February 2011, the Wakf Tribunal had passed an Order restraining, among others, LHTPPL, Microsoft, Infosys, Wipro, Indian School of Business, Deloitte, Polaris etc., from alienating the property of 1,654 acres being claimed by the Wakf Board

Lanco Infratech Limited has informed the Exchange vide its letter dated December 21, 2011, regarding "Relief to LANCO in Appeal before the Hon'ble Supreme Court of India".

Lanco Infratech Limited has informed the Exchange that the Company has re-organised its Finance Function responsibilities. The Company has accepted the resignation of Mr. J. Suresh Kumar, Chief Financial Officer who was responsible for Financial Control & Investor Relations. Mr. J. Suresh Kumar will continue in this role till December 15, 2011. He has contributed immensely during the previous 5 years and the Company places on record it's appreciation and wishes him the best in his new endeavor. Mr. T. Adi Babu will be the new Financial Controller and Mr. Philip Chacko the new Head of Investor

Lanco Infratech Limited has informed the Exchange that the appeal filed by Lanco's Power Project near Korba in Chhattisgarh before Appellate Tribunal for Electricity (APTEL) challenging the jurisdiction of Haryana Electricity Regulatory Commission (HERC) over the Power Purchase Agreement (PPA) signed between Lanco and PTC India Limited (PTC) has been dismissed and the case has been referred back to HERC for adjudication. Lanco awaits a formal copy of the APTEL order.

Lanco Infratech Limited has informed the Exchange that on receipt of disclosure statements dated October 28, 2011 under SEBI (SAST) Regulations, 2011 and SEBI (PIT) Regulations, 1992 from Lanco Group Limited, a promoter Company informing that, consequent upon the Merger of Prince Stone Investments Limited, Mauritius, another promoter company with the former pursuant to the Order dated July 8, 2011 of the Hon'ble High Court of Punjab and Haryana, the shareholding of Prince Stone Investments Limited in Lanco Infratech Limited had been transferred to Lanco Group Limited. Consequently, Lanco Group

Lanco Infratech Limited has informed the Exchange that Lanco Anpara Power Limited, a Group Company, has successfully Synchronized Unit-1 (600 MW) on March 19, 2011. This puts LANCO as the Country's No.1 Independent Power Producer (IPP) with Present Installed Capacity of about 3,292 MW.

Lanco Infratech Limited has informed the Exchange that Udupi Power Corporation Limited, a Group Company, has successfully Synchronized Unit II (600 MW) with the grid on March 08, 2011.

Lanco Infratech Limited has informed the Exchange that Lanco Vidarbha Thermal Power Limited, a Subsidiary of the Company, has been accorded Environmental Clearance from the Ministry of Environment & Forests, Government of India, for setting up 1320 (2 x 660) MW Coal based Super-critical Thermal Power Project at Village Mandva, in Wardha Taluk & Dist., in Maharashtra.

Lanco Infratech Limited has informed the Exchange that the acquisition of 100% shares of Griffin Coal Mining Company Pty Ltd and Carpenter Mine Management Pty Ltd, it is hereby intimated that Lanco Infratech Ltd through its step down Australian SPV namely Lanco Resources Australia Pty Ltd concluded the deal on February 28, 2011. An amount of 483 Million Australian Dollars has been paid on the said date and further amounts of 100 Million and 150 Million Australian Dollars will be paid at the end of the 2nd and 4th year from the conclusion date as consideration in fulfillment of the conditions o

Lanco Infratech Limited has informed the Exchange that "Lanco Kondapalli Power Private Limited, a Subsidiary of the Company, developing 732 MW (2x366) Gas Based Power Project, in Andhra Pradesh, has achieved Financial Closure. The Project, Estimated to Cost Rs.2,610 Crores, would be financed with a Debt of Rs.1,827 Crores and an Equity of Rs.783 Crores. A Consortium of Six Banks and Financial Institutions, with Axis Bank in the Lead, are providing the Debt required for the Project".

Lanco Infratech Limited has informed the Exchange that "Lanco Infratech Limited (LITL), has emerged as successful Bidder for 2 Laning with paved shoulders of Aligarh to Kanpur Section of NH-91 from KM 140.000 to KM 418.162 in the State of Uttar Pradesh on Design, Build, Finance, Operate and Transfer (DBFOT) on Toll Basis of National Highways Authority of India (NHAI). The Scope of Work Involves 2 Laning with paved shoulders of existing road, repair, widening and reconstruction of 3 major & 29 minor bridges, construction of 5 new Rail-over-Bridges, 4 toll plazas and other wayside amenities. The

Lanco Infratech Limited has informed the Exchange that: "Lanco Infratech Limited (LlTL) EPC Division has been awarded the Prestigious EPC Contract by a Moser Baer Group Company, for their 2 x 600 MW Coal Based Thermal Power Project through international Competitive Bidding (ICB). The Scope of Contract includes Complete Main Plant and BOP Package including Civil and Structural Works on Engineering, Procurement and Construction (EPC) basis, however it excludes Non-EPC Works taken up by the Developer. The Value of the Contract is Rs.4,100 Crores (Rupees Four Thousand One Hundred Crores). This is

Lanco Infratech Limited has informed the Exchange that "the 1320 MW (2 x 660) Thermal Power Project (based on Super Critical Technology) being developed by LANCO Vidarbha Thermal Power Limited, a Subsidiary of the Company, in Maharashtra has achieved Financial Closure.The Project, Estimated to Cost Rs.6,936 Crores, would be financed with a Debt of Rs.5,549 Crores and an Equity of Rs.1,387 Crores. A Consortium of Sixteen Banks and Financial institutions, with Punjab National Bank in the Lead, are providing the Debt required for the project."

Lanco Infratech Limited has informed the Exchange that the Company, through its step down Australian subsidiary, Lanco Resources Australia Pty Ltd., has concluded a binding agreement with Griffin Energy Group Pty Ltd. (Administrators Appointed) and Carpenter Mine Management Holdings Pty Ltd.(Administrators Appointed) to purchase 100% shares of Griffin Coal Mining Company Pty Ltd. and Carpenter Mine Management Pty Ltd. (Griffin Coal).

Lanco Infratech Limited has informed the Exchange that Udupi Power Corporation Limited, a Group Company, post all Regulatory Approvals, declared Commercial Operations for Unit-1 (600MW) with effect from November 11, 2010.

Lanco Infratech Limited has informed the Exchange that Lanco Power Limited (formerly known as Lanco Amarkantak Power Limited), a Wholly Owned Subsidiary of the Company has received sanctions for the total Debt requirements for 1,320 MW (2 x 660) Coal Based Power Units - III & IV, in Chhattisgarh. The Project, Estimated to Cost Rs.6,941 Crores, would be financed with Debt of Rs.5,550 Crores and Equity of Rs.1,391 Crores. A Consortium of Ten Banks and Financial Institutions, with Power Finance Corporation in the Lead, have agreed to provide the Debt required for the Project.

Lanco Infratech Limited has informed the Exchange that Lanco Kondapalli Power Private Limited, a Subsidiary of the Company, developing 732 MW (2x366) Gas Based Power Project, in Andhra Pradesh, has received sanctions for the total Debt requirements of the Project. The Project, Estimated to Cost Rs.2,610 Crores, would be financed with Debt of Rs.1,827 Crores and Equity/Internal Accruals of Rs.783 Crores. A Consortium of Banks and Financial Institutions, with Axis Bank in the Lead have agreed to provide the Debt required for the Project.

Lanco Infratech Limited has informed the Exchange that "Lanco Vidarbha Thermal Power Limited, Subsidiary of the Company, developing 1320 MW (2x660) Thermal Power Project, in Maharashtra, based on Super Critical Technology, has received sanctions for the total Debt requirement of the Project. The Project, Estimated to Cost Rs.6,936 Crores, would be financed with Debt of Rs.5,549 Crores and Equity of Rs.1,387 Crores. A Consortium of Sixteen Banks and Financial Institutions, with Punjab National Bank in the Lead, have agreed to provide the Debt required for the Project".

Lanco Infratech Limited has informed the Exchange that the 1320 MW (2x660) Thermal Power Project being developed by LANCO Babandh Power Limited, a Group Company, in Orissa, has achieved Financial Closure. The Project, estimated to cost Rs.6,930 Crores, would be financed with a debt of Rs.5,544 Crores and an equity of Rs.1,386 Crores. A Consortium of fourteen Banks and Financial Institutions with ICICI Bank in the lead are providing the debt required for the project.

Lanco Infratech Limited has informed the Exchange that the Company was awarded by Airports Authority of India, a Contract for construction of New Terminal Building at Biju Patnaik Airport, Bhubaneswar. The value of the contract is Rs.91.66 Crores (Rupees Ninety One Crore Sixty Six Lakhs).

Lanco Infratech Limited has informed the Exchange that Vamshi Industrial Power Limited, a Subsidiary of the Company, successfully Commissioned Dhrinidhar 5 MW Hydro Project and has commenced Commercial Operations with effect from March 29, 2010.

Lanco Infratech Limited has informed the Exchange that subject to the approval of the Members and such other approvals / permissions / sanctions as may necessary, approval of the Board of Directors at their Meeting held January 27, 2010, has been accorded to sell, transfer and/or dispose of the whole or substantially whole of the investments (Equity and/or Preference Shares) held by the Company on the date of sale in Subsidiaries, Associates and other Group Companies in the Power Segment, as going concerns at cost for consideration in cash in tranches to any Wholly Owned Subsidiary of the Comp