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Media RoomLatest News06-04-2015 - The Joint Venture (JV) comprising M/s Ramky Infrastructure Limited and M/s. T K Engineering Consortium Pvt Ltd has been awarded the project viz “Four Laning of NH 52 from end of Biswanath Chariali by-pass (Km 208.00) to Gohpur (Km 265.50) (Total Length
The Joint Venture (JV) comprising M/s Ramky Infrastructure Limited and M/s. T K Engineering Consortium Pvt Ltd has been awarded the project viz “Four Laning of NH 52 from end of Biswanath Chariali by-pass (Km 208.00) to Gohpur (Km 265.50) (Total Length 30-03-2015 - The board reviewed the restructuring scheme under Joint Lenders Forum (JLF) and approved the same for execution by the company. The Board of Directors has also passed necessary resolutions required for implementation of the JLF Restructuring scheme. The c
The board reviewed the restructuring scheme under Joint Lenders Forum (JLF) and approved the same for execution by the company. The Board of Directors has also passed necessary resolutions required for implementation of the JLF Restructuring scheme.The restructuring scheme envisages the following – i. The cutoff date for the scheme is 01st October 2014 ii. Reduction of interest rate on cash credit (CC), working capital term loan (WCTL), Term Loan (TL) and short term loans (STL) to 11% p.a from 01/10/2014 to 30 September 2016 and 11.25% from 01-10-2016 to 30-09-2017 and 11.50% from 01-10-2017 onwards. iii. Interest moratorium for CC is 18 months and for WCTL,TL & STL is 24 months iv. Lenders will be able to convert 25% of funded interest term loan (FITL) in to Equity v. Additional funds in the form of priority debt of Rs 250 Cr vi. Additional non fund facilities of Rs 623 Cr vii. upfront promoter/promoter group contribution of Rs 53.96 Cr by way of unsecured loan 15-12-2014 - The Joint Lenders Forum (JLF) of consortium banks in order to arrive at an early and feasible solution and preserve the economic value of the underlying assets as well as the lenders’ loans has advised the company for restructuring under JLF as the Correc
The Joint Lenders Forum (JLF) of consortium banks in order to arrive at an early and feasible solution and preserve the economic value of the underlying assets as well as the lenders’ loans has advised the company for restructuring under JLF as the Corrective Action Plan (CAP). The company has submitted CAP to State Bank of India, the lead member of the consortium banks. The JLF will finalize the restructuring package. 13-11-2014 - Sri Rajiv Maliwal, Dr Archana Niranjan Hingorani , Sri V.Harish Kumar and Sri Rajasekhara Reddy has resigned as directors of the company effective from conclusion of board meeting held on13th Nov 2014
Sri Rajiv Maliwal, Dr Archana Niranjan Hingorani , Sri V.Harish Kumar and Sri Rajasekhara Reddy has resigned as directors of the company effective from conclusion of board meeting held on 13th Nov 2014. 13-11-2014 - Sri Krishna Kumar Gangadharan is appointed as Additional director of the company effective from 13th Nov 2014.
Sri Krishna Kumar Gangadharan is appointed as Additional director of the company effective from 13th Nov 2014. Mr.Krishna Kumar Gangadharan is an Non Executive Director of the company. He was appointed as additional director on 13 November 2014. Mr. Krishna Kumar is a Senior Managing Partner at IL&FS Investment Managers Limited (IIML), heading the Infrastructure vertical. He is also the Co-CEO of Standard Chartered IL&FS Asia Infrastructure Growth Fund – a US$ 660 mn infrastructure fund focused on Asia, jointly managed by IL&FS and Standard Chartered Bank. Mr. Krishna Kumar has over 21 years of financial services and infrastructure investment experience. Over the last 18 years, he has managed private equity funds that have invested across a variety of infrastructure sectors including surface transport, utilities, maritime and telecom, which includes investments such as IL&FS Transportation, Ramky Enviro Engineers, Gujarat Pipavav Port, Max Telecom (now Vodafone) and DEN Networks. He has been one of the founding members of the IL&FS PE practice. Press CoveragePress Releases06-06-2017 - Board of Directors approved the financial results of the company for the quarter and nine months ended 31st December 2019 at their meeting held on 08th February, 2020.
Board of Directors approved the financial results of the company for the quarter and nine months ended 31st December 2019 at their meeting held on 08th February, 2020. ArchivesLatest News14-02-2013 - Q3 FY13 Consolidated Revenues stood at Rs. 1025.34 Cr & PAT at 23.26 Cr
Ramky Infrastructure Ltd., today reported Q3 FY13 Financials Financial Highlights: Q3 FY13:
9 month period ended December 31, 2012:
As on date, the company’s closing order book is Rs 12391.50 Cr Major Developments this quarter: Awards & Recognitions:
Commenting on the results, Mr. Y R Nagaraja, Managing Director, Ramky Infrastructure, said: “The current external environment for infrastructure is quite testing with increase in direct cost, interest cost added to this, stretched receivables. We believe that the Company’s performance in this testing time is commensurate with the expectations. ” 13-02-2013 - Ramky Infrastructure Limited bags projects worth over Rs.231 Crores
Ramky Infrastructure Ltd. has recently bagged Six projects in Andhra Pradesh, Orissa, Tripura and West Bengal of worth Rs. 231.41 Crores.
10-02-2012 - Ramky has bagged five projects in Karnataka, West Bengal, Madhya Pradesh and Arunachal Pradesh of worth Rs.392.07 Crores.
12-01-2012 - Ramky has bagged five projects in Arunachal Pradesh, Bihar, Tripura and Karnataka of worth Rs.227.00 Crores
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