A2Z Infra Engineering's stake in A2Z Green Waste reduces from 83.93% to 71.87%

Image
Capital Market
Last Updated : Mar 04 2016 | 5:14 PM IST

Due to invocation of 27.43 lakh shares of A2Z Green Waste by IL&FS Financial Services

A2Z Infra Engineering announced that IL&FS Financial Services (hereinafter "IFIN") has invoked 2,743,000 equity shares of A2Z Green Waste Management (Formerly known as A2Z Infrastructure) (hereinafter "A2Z Green Waste/ Borrower") on 26 February 2016, held by Company at an invocation price of Rs. 17.23/- per share amounting to Rs. 47,261,890/- (Rs. Forty Seven Million Two Hundred Sixty One Thousand Eight Hundred Ninety Only) in appropriation of the interest amount due to borrower aggregating to Rs. 47,261,890/- (Rs. Forty Seven Million Two Hundred Sixty One Thousand Eight Hundred Ninety Only) (For the month of July 2015-Sept 2015 amounting to Rs. 47,260,274/- and for the month of October 2015-Dec 2015 amounting to Rs. 1,616/-).

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 04 2016 | 12:52 PM IST

Next Story