Clarification sought from IFCI Ltd
The Exchange has sought clarification from IFCI Ltd on January 05, 2018 with reference to news appeared in www.moneycontrol.com dated January 05, 2018 quoting "IFCI shares rally 9% as it invites bids for stake sale in Clearing Corporation of India". The reply is awaited. Record Date Intimation
Record Date for payment of interest on Infra Bonds - Series - IV - Option II and IV Intimation Of Record Date
6% Unsecured Non-Convertible Regular Return Bonds - Series 40 (ISIN - INE039A09GP8) Loan exposure to Reliance Marine duly secured: IFCI
IFCI, a government company, on Wednesday said the loan it extended to Reliance Marine and Offshore Ltd (RMOL) was duly secured by a corporate guarantee of Reliance Naval and Engineering Ltd... NCLT adjourns insolvency case against Reliance Naval by IFCI to Jan 11
The Ahmedabad bench of National Company Law Tribunal (NCLT) on Tuesday adjourned an insolvency case against Anil Ambani-led Reliance Naval and Engineering Ltd. to January 11, 2018.Reliance Marine & Offshore Ltd., a subsidiary of Reliance Naval and Engineering Ltd. and its guarantor, failed to serve a Rs 60 crore loan extended by IFCI, following which the lender approached the NCLT against both in mid November.The two judge bench of NCLT adjourned the matter till January 11 2018 after the Reliance Naval and Engineering Ltd. counsel sought time for considering an appeal to the National Company Law Appellate Tribunal (NCLAT) in the interim.IFCI had filed separate petitions in mid-November in NCLT under section 7 of the Insolvency and Bankruptcy Code (IBC) 2016 against defaulter Reliance Marine and Offshore Ltd. and its guarantor Reliance Naval and Engineering Ltd. According to sources, IFCI seeks to in all recover dues worth over Rs 150 crore.In an official statement, Reliance Naval . Intimation Of Record Date
1. 8.75% Fully Unsecured Non-Convertible Regular Return Bond in the form of Promissory Notes - Series ON 10 (ISIN - INE039A09LF9) 2. 9.50% Unsecured Non-Convertible Regular Return Bond - Series on_11 (ISIN - INE039A09MZ5) 3. 10.40% Unsecured Non-Convertible Regular Return Bond in the form of Promissory Notes- Series on_12 (ISIN - INE039A09OP2) 4. 9.25% Unsecured Non-Convertible Regular Return Bond - Series on_11 (ISIN - INE039A09MY8)