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CaptionDateDescription
Outcome Of The Board Meeting Duly Held On 21St June, 2019 - One Time Settlement (OTS) With DBS Bank Limited 21-Jun-2019
The Company had availed financial assistance from DBS Bank Ltd. (hereinafter referred to as 'DBS' or the 'Lender') and as per our books and accounts of DBS, outstanding of DBS as on 30th April, 2019 was INR 122,45,75,347 (INR One hundred twenty two crores forty five lakh seventy five thousand three hundred forty seven only) (including interest) and the Company was finding it difficult to service the interest payments. Company was in discussion with DBS for One Time Settlement (OTS) and sent its proposal to DBS. DBS has accepted the Company's proposal vide its acceptance letter dated June 20, 2019. The members of the Board of Directors of Company has approved the same in its meeting duly held on June 21, 2019, for a deferred OTS Consideration of INR 30,00,00,000/- (INR Thirty Crores only), out of this Company has paid an amount of INR 2.00 Cr and balance of INR 28.00 Cr is being repaid by the Company in a progressive manner up to March 31, 2021. This is for your information & records purpose.
General Announcement 17-Jun-2019
Dear Sir, We, M/s. A2Z INFRA ENGINEERING LTD. (hereinafter referred as Company) wish to inform you that our subsidiary, A2Z Infraservices Limited, has been awarded a contract by CPWD, New Delhi, via ref. letter no. 54(1723)/L-Divn/19-20/1590 dated 14th June, 2019 having NIT number: 07/CE/NDZ-II/2018-19(83/EE/L-Divn/2018-19, for execution of the Comprehensive maintenance of GPRA complex (inclusive of Civil & Electrical Works) under the jurisdiction of L-Division and ED- XII during the year 2019-20, 2020-21, 2021-22 for an aggregate of INR 58,52,94,833/- (Rupees Fifty Eight Crore Fifty Two Lakh Ninety Four Thousand Eight Hundred Thirty Three Only). This is for your information & records purpose.
A2Z Infra Engineering’s arm secures contract from CPWD for worth Rs 59 crore 17-Jun-2019

A2Z Infra Engineering’s subsidiary -- A22 lnfraservices has been awarded a contract by CPWD, New Delhi. The contract is for execution of the comprehensive maintenance of GPRA complex (inclusive of Civil & Electrical Works) under the jurisdiction of L-Division and ED XII during the year 2019-20, 2020-21, 2021-22 for an aggregate of RS 58.53 crore.

A2Z Infra Engineering (previously known as A2Z Maintenance & Engineering Services) is primarily engaged in providing Engineering, Procurement and Construction (EPC) services in power transmission and distribution sector with focus on distribution.

A2Z Infra Engineering informs about disclosure 17-Jun-2019

A2Z Infra Engineering has informed about disclosure of events and information pursuant to Regulation 39 of the Securities and Exchange Board of India (LODR) Regulations 2015.

The above information is a part of company’s filings submitted to BSE.

Appointment of Director 30-May-2019
Inter alia, Appointment of Ms. Atima Khanna, as Independent Director of Company effective from 23rd May, 2019.
Full Payment Of One Time Settlement (OTS) Amount To State Bank Of India, HSBC, Edelweiss ARC- Yes Bank; And Settlement Status With Other Banks 20-May-2019
One Time Settlements entered with HSBC Bank Ltd. and Edelweiss Asset Reconstruction Company Ltd. for the loan assigned by Yes Bank Ltd., have been fully paid and consummated by Company in term of the respective settlement approval letter, thereby, settling debt liability to the extent of Rs 142.16 Crs.
A2Z Infra Engineering pays Rs 90 crore through OTS to SBI 20-May-2019

A2Z Infra Engineering has made payment of Rs 90 crore through One Time Settlement (OTS) to State Bank of India (SBI) within the agreed time lines of 90 days from the date of conveyance of said sanction, thereby, settling debt liability to the tune of Rs 431.33 crore.

A2Z Infra Engineering (previously known as A2Z Maintenance & Engineering Services) is primarily engaged in providing Engineering, Procurement and Construction (EPC) services in power transmission and distribution sector with focus on distribution.

A2Z Infra Engineering touches roof on the BSE 20-May-2019

A2Z Infra Engineering is currently trading at upper circuit of Rs. 16.10, up by 1.45 points or 9.90% from its previous closing of Rs. 14.65 on the BSE.

The scrip opened at Rs. 15.50 and has touched a high and low of Rs. 16.10 and Rs. 15.10 respectively. So far 55547 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.10 on 29-May-2018 and a 52 week low of Rs. 8.19 on 04-Oct-2018.

Last one week high and low of the scrip stood at Rs. 16.10 and Rs. 13.60 respectively. The current market cap of the company is Rs. 283.55 crore.

The promoters holding in the company stood at 29.24%, while Institutions and Non-Institutions held 13.16% and 57.61% respectively.

A2Z Infra Engineering has made payment of Rs 90 crore through One Time Settlement (OTS) to State Bank of India (SBI) within the agreed time lines of 90 days from the date of conveyance of said sanction, thereby, settling debt liability to the tune of Rs 431.33 crore.

A2Z Infra Engineering (previously known as A2Z Maintenance & Engineering Services) is primarily engaged in providing Engineering, Procurement and Construction (EPC) services in power transmission and distribution sector with focus on distribution.

SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 Dated 26Th November, 2018, Undertaking For Not Falling Under Large Corporate Criteria

26-Apr-2019
With reference to the above SEBI Circular dated November 26, 2018, in respect of fund raising by issuance of debt securities by Large Corporates. In this connection, we hereby undertake that our company is not falling under the Large Corporate Criteria as per the framework provided in the aforesaid circular. You are requested to please take the above information in your records.
A2Z Infra Engineering receives LoA from Edelweiss ARC 15-Mar-2019

A2Z Infra Engineering has received the Letter of Acceptance (LoA) from Edelweiss ARC, to settle its all outstanding liabilities (including interest) as on cut-off date February 28, 2019 through full cash One Time Settlement (OTS).

With this settlement the debt of the Company shall stand reduced by Rs 177.69 crore. The deferred OTS Consideration of Rs 41.00 crore and this amount are being repaid by the Company in a progressive manner up to March 25, 2021. The Board of Directors of the Company at its meeting held on March 15, 2019 has approved the same.

A2Z Infra Engineering (previously known as A2Z Maintenance & Engineering Services) is primarily engaged in providing Engineering, Procurement and Construction (EPC) services in power transmission and distribution sector with focus on distribution.

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