PMC Bank set to file FIR against sacked managing director Joy Thomas
Joy Thomas to be charged with misrepresenting the bank's books and hiding bad debts of HDIL28-09-2019
PMC Bank set to file FIR against sacked managing director Joy Thomas
Joy Thomas to be charged with misrepresenting the bank's books and hiding bad debts of HDILPMC Bank has 2,500-crore exposure to HDIL'
Our Bureau The beleaguered Punjab and Maharashtra Co-operative (PMC) Bank has an exposure of 2,500 crore to real estate developer HDIL, which had stoPMC Bank chairman Waryam Singh's connection with HDIL runs deep
Waryam Singh held 1.91% stake in HDIL till 2017Depositors' money safe: PMC has enough liquidity, assures suspended MD
In an attempt to allay fears of depositors and customers of Punjab & Maharashtra Cooperative Bank (PMC), its suspended managing director Joy Thomas has claimed that the lender holds enough liquidity to meet all liabilities, and every penny of the public is secure. Asserting that all its loans are fully secured, Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday when Reserve Bank of India (RBI) superseded its management and placed it under an administrator for the next six months. Despite repeated attempts HDIL could not be reached for comments. The regulator has also capped cash withdrawal at Rs 1,000 per customer during this period and banned the bank from any fresh lending during this period. Though Thomas did not disclose the exposure to HDIL, which he described as the largest and one of the oldest customers, he said all other accounts were safe and fully-secured. "All other loans are more than .HOUSING DEVELOPMENT & INFRASTRUCTURE LTD. - 532873 - Reg. 34 (1) Annual Report
Pursuant to provisions of Regulation 34 (1) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, enclosed please find herewith Annual Report for the Financial Year 2018-19 and Notice convening 23rd Annual General Meeting (AGM) of the members of the Company. The AGM of the Company is scheduled to be held on Saturday, 28th September, 2019 at 11.00 am at Mumbai Cricket Association Recreation Centre ('MCA'), G - Block, RG-2, Near Laxmi Towers, BandraKurla Complex, Bandra(East), Mumbai - 400051, to transact the business as set out therein. The aforesaid documents are also available on the website of the Company at www.hdil.in. Kindly take the same on record.Housing Development and Infrastructure Ltd - 532873 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Orbis SICAV Emerging Markets Equity FundHOUSING DEVELOPMENT & INFRASTRUCTURE LTD. - 532873 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
Dear Stakeholders, This is to inform that the Hon'ble NCLAT, New Delhi has stayed the order passed by NCLT and the matter is now adjourned to 26th September 2019.HDIL slumps 5% on being declared insolvent, recovers later
In a regulatory filing, HDIL said the IRP has been appointed to carry the functions as mentioned under Insolvency and Bankruptcy Code.Housing Development and Infrastructure Ltd - 532873 - Intimation Of Dates Of Annual General Meeting, Remote E-Voting And Book Closure Of The Company
This is to inform you that, the 23rd Annual General Meeting ('AGM') of the Company for the financial year ended March 31, 2019, will be held on Saturday, September 28, 2019, at 11:00 a.m. at Mumbai Cricket Association, Recreation Centre, G-Block, RG-2, Near Laxmi Tower, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051. Please find enclosed herewith notice of the Annual General MeetingHOUSING DEVELOPMENT & INFRASTRUCTURE LTD. - 532873 - Intimation Of Dates Of Annual General Meeting, Remote E-Voting And Book Closure Of The Company
This is to inform you that, the 23rd Annual General Meeting ('AGM') of the Company for the financial year ended March 31, 2019, will be held on Saturday, September 28, 2019, at 11:00 a.m. at Mumbai Cricket Association, Recreation Centre, G-Block, RG-2, Near Laxmi Tower, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051. Please find enclosed the notice of the Annual General Meeting for your reference.