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April 04, 2014

 

Press Release No. 1

News about Elecon Engineering Company Limited

 

The media had reports that "The Company plans to sell 49% stake in Material handling business".

 

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company.

 

Elecon Engineering Company Limited has vide its letter inter-alia stated, “We would like to clarify that there are no ongoing active negotiations with any strategic investor to sell its shareholding / further issue of securities in our Material Handling subsidiary Company. However, it is the Company's intention to deleverage balance sheet via fund raising through various options available in the market."

 

 

Press Release No. 2

Listing of Un-Secured Subordinate Redeemable Non-Convertible Debentures of India Infoline Housing Finance Limited

 

The following Unsecured Subordinate Redeemable Non-Convertible Debentures of India Infoline Housing Finance Limited shall be listed and admitted to dealings on the Exchange w.e.f. April 07, 2014. Trading shall be in the Normal market segment (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Issue description

Series

ISIN Code

1

IIHFL

12.00% Un-Secured Subordinate Redeemable Non-Convertible Debentures Option I

N2

INE477L08014

2

IIHFL

Un-Secured Subordinate Redeemable Non-Convertible Debentures Option II

N3

INE477L08022