Bharat Road to sell 39% stake in Ghaziabad Aligarh Expressway
The enterprise valuation for GAEPL is Rs 1,830 crore based on valuation in December 2018. The actual valuation cannot be ascertained at present, as it would depend on adjustments at the time of handover Bharat Road Network Ltd - 540700 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
Pursuant to Regulation 30 of the SEBI (Listing Regulation and Disclosure Requirement) Regulations, 2015, please be informed that the Company has entered into a Share Purchase Agreement dated 4th May, 2019 inter alia, with Cube Highways and Infrastructure Pte Ltd ('Cube Highways'), for sale of its holding in Ghaziabad Aligarh Expressway Private Limited (GAEPL), an 'associate' of the Company. The proposed transaction is subject to applicable regulatory and other approvals and certain conditions, more specifically laid down in the Share Purchase Agreement. Further details are available in the attached letter. Bharat Road Network Ltd - 540700 - Outcome of Board Meeting
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 this is to inform you that the Board of Directors at its meeting held today, i.e., Saturday, 20th April, 2019, inter alia, has approved the following: Appointment of Key Managerial Personnel (KMP) Mr. Jai Prakash Shaw (ACA- 054882) has been appointed as the Chief Financial Officer (CFO) of the Company w.e.f. 20th April, 2019, based on the assessment of the Nomination & Remuneration Committee and recommendation and approval of the Audit Committee of the Company. The brief profile of Mr J P Shaw is as under:- Mr. Jai Prakash Shaw is a Chartered Accountant with about 30 years of experience in the Finance function dealing with amongst others, Corporate Accounts and Finance, Budgeting and Cost Management, Taxation and Compliances, Financial Forecasting, Fund Management etc. Bharat Road Network Ltd - 540700 - Shareholding for the Period Ended March 31, 2019
Bharat Road Network Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2019. For more details, kindly Click here Bharat Road Network Ltd - 540700 - Compliance Certificate Under Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Half Year Ended On March 31, 2019
Please note that in accordance with Regulation 7(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, all activities in relation to both physical and electronic share transfer facility pertaining to the Company are maintained by Karvy Fintech Private Limited, the Registrar and Share Transfer Agents of the Company. In this regard, please find enclosed herewith the compliance certificate, in accordance with Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, duly signed by both the Compliance Officer of the Company and the Authorized Representative of the Registrar and Share Transfer Agents, certifying compliance with the requirements of Regulation 7(2) for the half year ended on March 31, 2019. Bharat Road Network Ltd - 540700 - Regulation 40 (10) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Sub: Compliance Certificate For The Half Year Ended On March 31, 2019
Pursuant to Regulation 40(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed herewith the certificate dated 10th April, 2019 furnished by Messers K Arun & Co, a Practicing Company Secretary for the Half Year ended on March 31, 2019. Bharat Road Network Ltd - 540700 - Statement Of Investor Complaints For The Quarter Ended March 2019
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 :- Naresh MathurDesignation :- Company Secretary and Compliance Officer Bharat Road Network Ltd - 540700 - 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, Bharat Road Network Ltd has submitted to BSE a copy of Clarification is enclosed. Bharat Road Network Ltd - 540700 - Clarification Sought on Price Movement
The Exchange has sought clarification from Bharat Road Network Ltd on April 04, 2019 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. Bharat Road Network hits upper circuit; unit gets arbitration award
Bharat Road Network shares climbed as much as 20 per cent to Rs 112.2, their biggest intra-day percentage gain since February 7.The company said on Mo