GVK Power seeks shareholders' nod to hike limit for loans
In a filing to the BSE, the company said it has sought approval of the shareholders through postal ballot for increasing the existing "overall limits by Rs 5,000 crore for making investments/giving loans/guarantees/providing securities in terms of Sec 186 of the Companies Act, 2013 read with Rule 13 of Companies (Meetings of Board and its Powers) Rules, 2014." Notice of Postal Ballot
GVK Power & Infrastructure Ltd has submitted to BSE a Copy of the Notice of Postal Ballot.
GVK Power drops for sixth session as Q4 loss widens
Losses widened on account of higher-than-expected rise in total expenses, which stood at Rs 969.37 crore in Q4FY16, compared with Rs 634.22 crore in the same quarter of last year.
GVK Power quarter 4 loss widens to Rs 408 cr
The company board has approved for the proposed enhancement of the existing overall limits for making investments/giving, loans, gurantees/providing securities. Outcome of Board Meeting
GVK Power & Infrastructure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 20, 2016 has accorded its approval for the proposed enhancement of the existing overall limits for making investments / giving loans, guarantees / providing securities under Sec 186 of the Companies Act, 2013 read with Rule 11 of the Companies (Meeting of Board and its Powers) Rules, 2014 subject to approval of the Shareholders of the Company through Postal Ballot.... Announces Q4 & FY16 Results (Standalone & Consolidated), Form A & B(Standalone & Consolidated ) & Auditors Report (Standalone) for the period ended March 31, 2016
GVK Power & Infrastructure Ltd has announced the following results for the quarter & year ended March 31, 2016:The Audited Standalone results for the Quarter ended March 31, 2016The Company has posted a net (loss) of Rs. (1093.50) million for the quarter ended March 31, 2016 as compared to Rs. (945.50) million for the quarter ended March 31, 2015. Total Income has increased from Rs. 79.60 million for the quarter ended March 31, 2015...
GVK to soon supply power from its first thermal plant in Punjab
The installed capacity of GVK Group has increased to 2,400 mw from all sources including its first entirely coal-based project at Goindwal Sahib FY16 results on May 20, 2016
GVK Power & Infrastructure Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 20, 2016, inter alia, to consider and approve the Audited financial results of the Company for the year ended March 31, 2015.Further, as per the Companys Code of Conduct for Prevention of Insider Trading as framed under the SEBI (Prevention of Insider Trading) Regulations, 2015, the Trading Window for dealing m the... Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Shalini Bhupal has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011