Jaypee Infratech creditors' panel to consider NBCC offer in May 9 meet
In a regulatory filing, Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain informed that a meeting of the committee of creditors (CoC) has been called on May 9 to consider NBCC offer. Can restart stalled Jaypee projects in four months after nod, says source
NBCC has said the project, involving more than 3,000 acres of land, would be completed in the next three years After govt nod, NBCC asks Jaypee Infratech RP to reconsider offer
The Committee of Creditors on April 26 had rejected the NBCC bid, terming it conditional and without the necessary approval from the government NBCC (India) Ltd - 534309 - Takeover Of Jaypee Infratech Ltd By NBCC (India) Ltd.
This is in reference to the earlier communication dated 26.4.2019 regarding submission of revised Resolution Plan for Takeover of Jaypee Infratech Ltd ("JIL") by NBCC (India) Ltd( "NBCC"). Further it is hereby informed that the Administrative Ministry of NBCC i.e. Ministry of Housing and Urban Affairs (MoHUA) vide F. No. 0-17034/7 /2019-PS dated 1.5.2019 has communicated its approval with concurrence/consultation with Department of Expenditure, NITI Aayog and DIPAM for takeover of Jaypee Infratech Ltd by NBCC. The aforesaid information is also available on the website of the company at http://nbccindia.com/webEngilish/announcementNotices.aspx Jaypee Infratech insolvency: NBCC wants its bid to be considered on merit
As its bid to acquire debt-ridden Jaypee Infratech got rejected by the lenders panel, state-owned NBCC has written to interim resolution professional Jaypee Infratech lenders to vote on Suraksha offer next week: Reports
The CoC decided not to consider NBCC's bid as it found the offer to be conditional and subject to approvals from various government departments NBCC (India) Ltd - 534309 - Intimation Of Submission Of Revised Resolution Plan For Jaypee Infratech Limited By NBCC
This is further in reference to our earlier intimation dated 15th February, 2019 regarding submission of Resolution Plan for Jaypee Infratech Limited (JIL) by NBCC. It is hereby informed that as a part of resolution process under the provisions of the Insolvency and Bankruptcy Code, 2016, Revised Resolution Plan in respect of Jaypee Infratech Limited has been submitted by the NBCC (India) Limited to the Interim Resolution Professional on 24th April, 2019 . The aforesaid information is also available on the website of the company at http://nbccindia.com/webEnglish/announcementNotices.aspx NBCC (India) Ltd - 534309 - 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 CompayNBCC (India) Ltd 2CININE095N01031 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0 4Highest Credit Rating during the previous FY AA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE 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. No Name of the Company Secretary: DEEPTI GAMBHIR Designation: Company Secretary EmailId: [email protected] Name of the Chief Financial Officer: B K SOKHEY Designation: Executive Director f(Finance)/CFO EmailId: [email protected] Date: 26/04/2019 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. Jaypee Infra drops 5% as NBCC submits revised bid
A PTI report, quoting sources, on Wednesday suggested that state-owned NBCC submitted its revised bid to acquire Jaypee Infratech. NBCC (India) Ltd - 534309 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order
This is to inform that NBCC (India) Limited has signed Agreements with Government of Republic of Mauritius on 11.04.2019 for Project Management Consultancy for Construction of Mauritius Police Academy (MPA), Forensic Science Laboratory (FSL) and National Library & National Achieves (NA&NL;) at Mauritius. NBCC secured order of Lot -1 MPA, Lot-2 FSL, Lot-3 NA&NL; through competitive bids invited by Govt. of Mauritius. Exim Bank of India is funding these Projects under GoI Line of Credit. The approximate cost of the Projects is USD 44 Million with PMC fees of USD 18,07,256 for all the three lots. The aforesaid information is also available on the website of the company at http://nbccindia.com/webEnglish/announcementNotices.aspx