GAYATRI PROJECTS LTD. - 532767 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
This is to certify that the details of securities dematerialized and rematerialized during the aforesaid period, as required under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 have been furnished to all the Stock Exchanges - BSE Ltd. and National Stock Exchange of India limited where the shares of Gayatri Projects Limited are listed. GAYATRI PROJECTS LTD. - 532767 - Clarification
With reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded, Gayatri Projects Ltd has submitted to BSE a copy of Clarification is enclosed. GAYATRI PROJECTS LTD. - 532767 - Clarification sought from Gayatri Projects Ltd
The Exchange has sought clarification from Gayatri Projects Ltd on April 28, 2020 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.The reply is awaited. GAYATRI PROJECTS LTD. - 532767 - Statement Of Investor Complaints For The Quarter Ended March 2020
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0000 Name of the Signatory :- Chetan Kumar SharmaDesignation :- Company Secretary and Compliance Officer GAYATRI PROJECTS LTD. - 532767 - Announcement Under Regulation 30 - Resumption Of Operations At Project Sites
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of our announcement dated March 30, 2020, we wish to inform you that construction activity at Company's Project Sites, located in Green Zones plus at other zones wherever allowed, have resumed operation w.e.f April 20, 2020 as per the Directives/Orders of Ministry of Home Affairs (MHA) and State Governments respectively. At Project sites, the Company is committed towards following the Consolidated Revised Guidelines issued by Ministry of Home Affairs (MHA) and Guidelines issued by Local Governments with respect to execution of construction activities at Project Sites. As per business continuity plan, the Company is following "Work from Home" policy for its employees not engaged at sites. GAYATRI PROJECTS LTD. - 532767 - Temporary Suspension Of Operations In View Of Covid-19 Pandemic
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in view of the emergency situation arising due to spread of Novel Coronavirus (COVID-19) and to support the lock down initiative(s) taken by the Central/State Government authorities in various states / district across India and to prevent and contain the spread of COVID-19, we wish to inform you that the operations of the Gayatri Projects Limited (the 'Company') at all locations have been temporarily suspended in the national interest. The Company has been taking necessary precautionary measures at all its locations against the spread of COVID-19 as advised by the Government from time to time. As per business continuity plan, the Company has also followed "Work from Home" policy for its employees. GAYATRI PROJECTS LTD. - 532767 - Announcement Under Regulation 30 - Debt Resolution Plan And Signing Of Inter-Creditor Agreement (ICA)
1. GPL has proposed a resolution plan to the lending consortium which essentially involves repaying most of its term debt (1/3rd of Gross Debt) in order to drastically reduce its monthly debt service obligations and bring it significantly below normal operating cashflows of the business. Key elements of the plan are as mentioned in the attachment. As a part of the resolution process, the lending consortium has signed an Inter-Creditor Agreement (ICA) effective March 21, 2020 under 'The Reserve Bank of India (Prudential Framework for Resolution of Stressed Assets) Direction, 2019'. The ICA will facilitate a smoother resolution process under the leadership of Bank of Baroda. It will also protect company from any coercive action, therefore ensuring smooth conduct of business. GAYATRI PROJECTS LTD. - 532767 - Closure of Trading Window
With reference to the above captioned subject, we hereby inform you that as per SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company''s Code of internal procedures and conduct for regulating, monitoring and reporting of trading by Designated Persons, the trading window for dealing in shares of the company by its designated persons will remain closed with effect from close of working hours on Tuesday, March 31, 2020. The closure is in connection with the finalization of financial statements/results for the quarter and year ended March 31, 2020. The Trading Window will open 48 hours after the said financial results are declared to the Stock Exchanges. NCLAT dismisses Gayatri Devi's grandchildren claim on Jai Mahal Hotel
A two-member NCLAT bench observed that Rajkumar Dev Raj and Rajkumari Lalitya "can not claim title on the basis of succession certificate dated February 19, 2009". Earlier on August 1, 2018 NCLT had restored the ownership of Jai Mahal hotel in favour of grandchildren of late Maharani Gayatri Devi. Gayatri Projects Ltd - 532767 - Receipt Of Claim Amount -Submission Of Information Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Gayatri Projects Ltd would like to inform that one of its JV M/s. Gayatri ECI JV has received INR 44.00 crores from settlement of its claim related to AS11 project with NHAI. Further the JV has also successfully settled another claim of INR 42.00 crores related to AS27 project and expects cash flow in next 30 days. Both these projects were executed by M/s. Gayatri ECI JV. The Company share in the claim is in the ratio 56:44 (Gayatri: ECI) The company is also at an advance stage of discussion with NHAI pertaining to its settlement of claim for its AS10 project.