A2Z Infra Engineering Limited - One Time Settlement (OTS) With Standard Chartered Bank ('SCB')
Download 
|
< Back |
| 01 Apr 2022 | |
| The Company has settled its all outstanding liabilities (including interest) as on the date through full cash OTS. The members of the Board of Directors of Company have approved the same through resolutions passed by circulation on 31.03.2022, for full cash OTS Consideration of INR 22.50 Cr. which has been paid as follows:- i. INR 16.0 Cr has been paid by S.A.S Infotech Pvt Ltd. to whom we have transferred/surrender all the rights in Unit Nos. 701 (along with parking space of 17 cars) and Unit No. 801 (along with parking space of 20 cars), Tower B, Support Area, Medicity, Sector 38, Gurgaon-122001 with Super area of 17,499 sq. ft. and 19,887 sq. ft. respectively (hereinafter called as 'Demised Premises'), as we have agreed to surrender all our rights in the said property at a consideration of INR 16.0 Cr. ii. Balance amount of INR 6.50 Cr. (Indian Rupees Six Crores Fifty Lacs only) has been paid by Company. This is for information & records. | |
| View all announcements for A2Z Infra Engineering Limited | Source: BSE India |
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback