Company Profile

A2Z INFRA ENGINEERING LTD.

NSE : A2ZINFRABSE : 533292ISIN CODE : INE619I01012Industry : Engineering - ConstructionHouse : A2Z
BSE5.590.26 (+4.88 % )
PREV CLOSE (Rs.) 5.33
OPEN PRICE (Rs.) 5.39
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 190821
TODAY'S LOW / HIGH (Rs.)5.07 5.59
52 WK LOW / HIGH (Rs.)3.49 6.47
NSE5.60 0.25 (+4.67 % )
PREV CLOSE(Rs.) 5.35
OPEN PRICE (Rs.) 5.20
BID PRICE (QTY) 5.60 (16147 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1297332
TODAY'S LOW / HIGH(Rs.) 5.10 5.60
52 WK LOW / HIGH (Rs.)3.45 6.3

Company News

Date Heading Details
03-Jun-2021 One Time Settlement (OTS) With ICICI Bank Limited The Company had availed financial assistance from ICICI Bank Ltd. On 8th July, 2019 Company has signed a memorandum of understanding with ICICI Bank for their outstanding amount of INR 8.40 Cr. Company paid the first instalment of INR 2.09 Cr. Company further approached and negotiated with ICICI Bank for One Time Settlement (OTS). As per our books and accounts, as on 31st May, 2021 the fund base outstanding exposure of ICICI Bank with Company was approx. INR 8.0 Cr (Indian Rupees Eight Crore only). Over the past years, the management has been working assiduously to turn the Company around by addressing and reducing the debt burden of the Company and its subsidiary companies. In this reference Company had earlier announced settlement with various Lenders. Now, the Company has reached a full cash OTS with ICICI. The Company has signed the Settlement Agreement with ICICI Bank to settle its all outstanding liabilities (including interest) through a full cash OTS amount of INR 4.25 Cr.