Stocks
LANCO INFRATECH LTD.
Corporate announcements
220 records, the earliest from 12 Nov 2010. As filed with the exchanges; the history is only as deep as the data Tradinity has collected.
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Date Category Subject
24 Sep 201913:23
Delisting
Members of the Exchange are hereby notified that in terms of Regulations of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, Section 21A of the Securities Contract (Regulations) Act, 1956, Securities Contract (Regulations) Rules, 1957 and Bye-Laws of the Exchange, it has been decided to delist (withdraw the admission to dealings in) equity shares of Lanco lnfratech Limited (LITL) w.e.f. October 17, 2019 as per SEBI (Delisting of Equity Shares) Regulations, 2009.
18 Jun 201910:45
Public Notice - Compulsory Delisting
Members of the Exchange are hereby informed that the Exchange on June 06,2019 has issued public notice in the newspaper for proposed compulsory delisting of equity shares of the company, in term of Regulation 22 (3) of SEBI (Delisting of Equity shares) Regulation, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/common/Corporate Announcements).
29 Oct 201812:04
Resignation
Lanco Infratech Limited has informed the Exchange regarding Resignation of Mr Ramunni Menon Premkumar as Independent Director of the company w.e.f. October 29, 2018.
3 Oct 201813:36
Resignation
Lanco Infratech Limited has informed the Exchange regarding Resignation of Ms Dr Jaskiran Arora as Independent Director of the company w.e.f. October 03, 2018.
12 Sep 201809:34
Resignation
Lanco Infratech Limited has informed the Exchange regarding Resignation of Mr R Krishnamoorthy as Independent Director of the company w.e.f. September 10, 2018.
7 Sep 201812:03
Resignation
Lanco Infratech Limited has informed the Exchange regarding Resignation of Mr Uddesh Kumar Kohli and Mr Pawan Chopra as Independent Directors of the company w.e.f. September 06, 2018.
29 Aug 201812:22
Updates
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, Resolution Professional as Liquidator and directed to initiate liquidation process of Lanco Infratech Limited as envisaged under Chapter��III of IBC, 2016 by following the liquidation process stated in IBBI (Liquidation Process) Regulations, 2016. The liquidation is of Lanco Infratech Limited (LITL) only. Pursuant to the aforesaid order, the liquidator shall invite the claims in accordance with the Insolvency and Bankruptcy Code, 2016 and the IBBI (Liquidation Process) Regulations, 2016 to determine the liabilities of LITL. Further, the Hon'ble NCLT, Hyderabad Bench heard the Application of M/s. Power Mech Projects Limited, a potential bidder which had submitted an Expression of Interest. The said Application has been dismissed by the Hon'ble NCLT, Hyderabad Bench.The copies of the NCLT Orders are enclosed for your reference.It is further informed that ICICI Bank Limited, one of the lenders of Lanco Babandh Power Limited (��LBPL��), a Subsidiary of the Company, which is developing a Thermal Power Project of 1,320 MW (2 x 660 MW) in the State of Odisha, has made an application to Hon��ble NCLT, Hyderabad Bench on May 07, 2018 for initiation of Corporate Insolvency Resolution Process under Section 7 of Insolvency and Bankruptcy Code, 2016. The Hon��ble NCLT has admitted the said application on August 29, 2018.This is for your information and record. '.
28 Aug 201814:45
News Clarification
The Exchange has sought clarification from the Company with respect to news item captioned-NCLT orders Liquidation of Lanco Inratech In this regard, 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 company is aware of any information that has not been announced to the Exchanges under regulation 30 of Listing Regulations. The response from the Company is awaited.
20 Aug 201813:34
Updates
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 the RP as to why the Resolution Plan was rejected. The bench heard the arguments of both the parties and posted the matter for pronouncement of Orders on the Liquidation Application on August 27, 2018.Further, the Hon'ble NCLT, Hyderabad Bench also took up the Application of M/s. Power Mech Projects Limited, a potential bidder which had submitted an Expression of Interest. This Application has been posted for further hearing on August 23, 2018.The copy of the NCLT Order is enclosed for your reference.This is for your information and record. '.
16 Aug 201814:20
News Clarification
The Exchange had sought clarification from the Company with respect to news item captioned- "Axis Bank takes Lanco Amarkantak to NCLT over Rs 9.2 bn loan claim". The response from the Company is attached.
Disclosures are shown as filed with the exchanges; Tradinity does not verify them. Nothing here is investment advice.