INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst/Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst/Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst/Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 INDIAN HOTELS CO.LTD. - 500850 - Format of the Annual Disclosure to be made by an entity identified as a Large Corporate
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Compay INDIAN HOTELS CO.LTD. 2 CIN L74999MH1902PLC000183 3 Report filed for FY 2019-20 Details of the borrowings (all figures in Rs crore) 4 Incremental borrowing done in FY(a) 695 5 Mandatory borrowing to be done through issuance of debt securities(b) = (25% of a) 174 6 Actual borrowings done through debt securities in FY(c) 0 7 Shortfall in the mandatory borrowing through debt securities, if any (d) = (b) - (c) { If the calculated value is zero or negative, write 'nil'} 174 8 Reasons for shortfall, if any, in mandatory borrowings through debt securities The Company evaluated various options for the incremental borrowing during the FY and decided to raise term loan from Banks as the bank loans came with advantages like competitive rates prepayment flexibility staggered payments against bullet repayment and covenant light Name of the Company Secretary :-Beejal DesaiDesignation :-Senior Vice President Corporate Affairs and Company Secretary Group Name of the Chief Financial Officer :- Giridhar Sanjeevi Designation : -Executive Vice President and Chief Financial Officer Date: 31/01/2020 INDIAN HOTELS CO.LTD. - 500850 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayINDIAN HOTELS CO.LTD. 2CINL74999MH1902PLC000183 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 1943.32 4Highest Credit Rating during the previous FY AA+ 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkNSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: Beejal Desai Designation: Senior Vice President - Corporate Affairs and Company Secretary Group EmailId: beejaldesai@ihcltata.com Name of the Chief Financial Officer: Giridhar Sanjeevi Designation: Executive Vice President and Chief Financial Officer EmailId: giridhar.sanjeevi@ihcltata.com Date: 16/06/2020 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst/Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Indian Hotels: Despite cost cuts, low occupancies make operations unviable
The situation post March has turned for the worse with occupancies (quarantine, medical staff) at around 20 per cent levels, indicated analysts INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Further to our letter dated June 10, 2020, intimating the Financial Results of the Company for the financial year ended March 31, 2020, enclosed is a copy of the investors / analyst presentation on the performance of the Company for the said period for your records. INDIAN HOTELS CO.LTD. - 500850 - Compliances-Reg. 52 (5) - Certificate from Debenture Trustee
Information under Regulation 52 (4) of SEBI (LODR) Regulations, 2015 in respect of the Secured/Unsecured, Non-convertible, Redeemable Debentures issued by the Company as on March 31, 2020 INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Further to our letter of date intimating the Financial Results of the Company for the financial year ended March 31, 2020, enclosed is a copy of the Press Release on the same for your records. Kindly acknowledge receipt.