LANCO INFRATECH LTD.

LANCO INFRATECH LTD. - Updates

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01 May 2017
Sub: Intimation under Regulation 30 - Transfer of shares of the Subsidiary of Lanco Infratech Limited (LITL)- Reg. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company hereby informs that, the lenders of Lanco Resources International Pte. Limited (LRIPL), Singapore, the Subsidiary of LITL, have appointed M/s. PricewaterhouseCoopers Advisory Services Pte. Ltd., as the Receivers and Managers of LRIPL and transferred pledge shares to the Nominee of Security Agent for the purpose of perfection of security. Accordingly, the Nominee of the Security Agent is the legal holder of shares of LRIPL and Lanco Infratech Limited continues to be the beneficial holder of the shares of LRIPL. LRIPL, Singapore holds 4 (Four) Subsidiaries in Australia namely (1). Lanco Resources Australia Pty Ltd, (2). The Griffin Coal Mining Company Pty Ltd, (3) Carpenter Mine Management Pty Ltd and (4). Western Australian Coal Terminal Pty Ltd.
View all announcements for LANCO INFRATECH LTD.	Source: BSE India

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