Company A2Z Infra Engineering Limited
Industry -

Broadcast Date/Time 15-Mar-2019 10:42
Subject Updates
Announcement A2Z Infra Engineering Limited has informed the Exchange regarding 'The Company had availed financial assistance as term loan from ICICI Bank Ltd. 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 Limited (the ??Lender??), acting in its capacity as trustee of EARC Trust SC 217 vide Assignment Agreement executed in favour of EARC on June 29, 2016. As per our books and accounts, outstanding of Edelweiss as on 31st March, 2018 was INR 177.69 Cr. (including interest) and the same is settled for a total settlement consideration of INR 41.0 Cr.This is for your information & records purpose. '.
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