Ansal Properties shares locked in 5% upper circuit, hits 52-week high
The company claimed it had reduced its debts/liabilities towards banks/financial instructions, etc. by approximately Rs 500 crore on a consolidated basis in this calendar year 2020.
ANSAL PROPERTIES & INFRASTRUCTURE LTD. - 500013 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
With reference to the captioned matter, kindly be informed that the Company has entered into an agreement to sell its entire shareholding of 66.24% held in its subsidiary company, M/s. Ansal IT City and Parks Limited (owner of IT Park of 37.5 acres of land at Greater Noida) to M/s. Mahaluxmi Infrahome Private Limited (part of Migsun Group), subject to the approval of regulatory authorities of SEZ/ Greater Noida Industrial Development Authority/ Ministry of Commerce, Govt. of India etc. This will reduce the debt of the Company on a consolidated basis by Rs. 11,00,00,000/- (Rupees Eleven Crores). Further, the Company in this calendar year 2020 on a consolidated basis has reduced its debts/liabilities towards banks/financial instructions etc. by approx. Rs. 500 crores. ANSAL PROPERTIES & INFRASTRUCTURE LTD. - 500013 - Closure of Trading Window
This is to inform you that pursuant to the SEBI (Prohibition of SEBI Insider Trading) Regulations, 2015, as amended, and various circulars of NSE and BSE in respect of Trading Restriction Period, the ''Trading Window'' for dealing/trading in the shares of the Company by the Designated Persons and their immediate relatives as per the Code of Fair Disclosure and Conduct of Ansal Properties and Infrastructure Limited in terms of SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, shall remain closed with effect from the 01st January, 2021 till the completion of 48 hours after the declaration of the Un-audited Financial Results for the 3rd quarter ending on the 31st December, 2020 (both days inclusive) to the Stock Exchange(s). Further, Board Meeting date to consider, approve and take on record the aforesaid Un-audited Financial Results of the Company for the 3rd quarter ending on the 31st December, 2020 shall be intimated to the Stock Exchange(s) in due course of time. ANSAL PROPERTIES & INFRASTRUCTURE LTD. - 500013 - Notice Of The Postal Ballot Of The Company
Pursuant to the compliance of Regulations 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 {'Listing Regulations'}, as amended, please find enclosed Notice of the Postal Ballot of the Company dated 18th December, 2020, which has been sent to Members (Shareholders) of the Company on the 19th December, 2020. ANSAL PROPERTIES & INFRASTRUCTURE LTD. - 500013 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release with regard to the outcome of the Board Meeting held on the 18th December, 2020 (i.e. today) in respect of capital raise by the Company. ANSAL PROPERTIES & INFRASTRUCTURE LTD. - 500013 - Outcome Of The Board Meeting Dated The 18Th December, 2020 {I.E. Today}, Concluded At 11.30 AM.
Further to our letter dated the 15th December, 2020, kindly note that the Board of Directors at their Meeting held today i.e. 18th December, 2020 have approved the proposal to create, issue and allot up to an aggregate of 5,00,10,000 (Five Crores and Ten Thousand) nos. of Warrants, convertible into equivalent nos. of Equity shares (i.e. one fully paid up Equity share upon conversion of every one Warrant held) of a face value of Rs. 5/- (Rupees Five) each of the Company ('Warrants'), at an exercise price of Rs 7/- (including a premium of Rs 2/-) per Equity share ('Exercise Price'), to certain Non-Promoter(s). The total investment by the Investors would aggregate to INR 35,00,70,000 (Thirty Five Crores Seventy Thousand Only) in Company. The Offer and issue of aforesaid Warrants is in compliance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and other applicable provisions. ANSAL PROPERTIES & INFRASTRUCTURE LTD. - 500013 - Board Meeting Intimation for Intimation Of Board Meeting For Raising Fund By Way Of Preferential Issue On Private Placement Basis.
ANSAL PROPERTIES & INFRASTRUCTURE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/12/2020 ,inter alia, to consider and approve Dear Sir/Madam, With reference to the captioned matter, please be informed that a meeting of the Board of Directors of the Company shall be held on Friday, the 18th December, 2020, to consider and approve, inter-alia, the matter related to issue and allotment of Warrants (Convertible into Equity shares of the Company) by way of preferential issue on Private Placement basis under Non-Promoter (Public) category including it pricing, in accordance with Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. It may also be noted that the Trading window in respect of aforesaid meeting will remain closed w.e.f. the 12th December, 2020 and shall remain closed till 48 hours after the declaration of outcome of the meeting to Stock Exchanges, in terms of SEBI {Prohibition of Insider Trading} Regulations, 2015, as amended. ANSAL PROPERTIES & INFRASTRUCTURE LTD. - 500013 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Details of securities De-materialized for the month of November, 2020 as per Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018. We request you to kindly take the said information on record. ANSAL PROPERTIES & INFRASTRUCTURE LTD. - 500013 - Disclosure Of Related Party Transactions For The Quarter Ended On 30-09-2020 Under Regulation 23(9) Of SEBI Listing Regulations
Reg: Disclosure of Related Party Transactions for the quarter/half year ended on 30th September, 2020 Ref: Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 {'Listing Regulations'} Dear Sir/Madam, Pursuant to the compliance of Regulations 23(9) of Listing Regulations, as amended, please find enclosed herewith the Disclosure of Related Party Transactions on a consolidated basis for the quarter/half year ended on the 30th September, 2020. This is for your information and records. ANSAL PROPERTIES & INFRASTRUCTURE LTD. - 500013 - (I) Un-Audited Financial Results For The 02Nd Quarter/Half Year Ended On The 30Th September, 2020 Of The Financial Year 2020-21. (Ii) Outcome Of The Board Meeting Dated The 10Th November, 2020 {I.E. Today}, Concluded At 7:05 P.M.
Pursuant to the compliance of Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), as amended:- 1) The Un-Audited Financial Results (Standalone and Consolidated) for the 02nd Quarter/half year ended on the 30th September, 2020 of the Financial Year 2020-21 duly approved by the Board of Directors at their meeting held on the 10th November, 2020 (i.e. today). 2) Copies of Limited Review Reports (Standalone and Consolidated) submitted by the Statutory Auditors of the Company, M/s MRKS and Associates (MRKS), Chartered Accountants, on the Un-Audited Financial Results for the 02nd Quarter/half year ended on the 30th September, 2020 of Financial Year 2020-21.