• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Equity | News | Hot Pursuit
Hot Pursuit
A2Z Infra hits the roof after one-time debt settlement
(11:54, 15 Mar 2019)
The announcement was made during trading hours today, 15 March 2019.

Meanwhile, the S&P BSE Sensex was up 206.38 points, or 0.55% to 37,961.27.

On the BSE, 51,000 shares were traded in the counter so far compared with average daily volumes of 1.31 lakh shares in the past two weeks. The stock had hit a low of Rs 16.60 in early trade. The stock hit a 52-week high of Rs 32.10 on 16 March 2018. The stock hit a 52-week low of Rs 8.19 on 4 October 2018.

A2Z Infra Engineering had availed financial assistance as term loan from ICICI Bank and ICICI Bank has assigned all the rights, title and interests in the financial assistance granted by it to the company, in favour of Edelweiss Asset Reconstruction Company (the 'Lender'), acting in its capacity as trustee of EARC Trust SC 217 vide Assignment Agreement executed in favour of EARC on 29 June 2016.

The outstanding of Edelweiss as on 31 March 2018 was Rs 177.69 crore (including interest) and the same is settled for a total settlement consideration of Rs 41 crore. With this settlement, the debt of the company shall stand reduced by Rs 177.69 crore.

Net profit of A2Z Infra Engineering rose 459.80% to Rs 5.71 crore on 70.03% rise in net sales to Rs 152.09 crore in Q3 December 2018 over Q3 December 2017.

A2Z Infra Engineering is a fully integrated electrical business group in India catering to the needs of domestic and international power sector clients in building distribution & transmission infrastructure.

Powered by Capital Market - Live News

SEBI Regn. No: NSE : INB 230643233/TM06432, INE 230643233(CD), INF 230643233 (F&O) BSE : INB 10643238/TM3129, INE 10643238(cd), INF 10643238(F&O)
SEBI Regn. No: MCX/ NCDEX: INZ000028833, NCDEX : NCDEX/TCM/CORP/0460 | MCX : MCX/TCM/CORP/0263 | CDSL : IN-DP-CDSL-266-2004 MCX-SX:INE 260643233/21500(CD)
Investor Grievances Email ID: compliance@dbonline.in & investors@dbonline.in
Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries