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IVRC.NS on National Stock Exchange of India

24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

IVRCL Ltd - India flyover collapse kills 14; scores feared trapped - Reuters News
Wednesday, 30 Mar 2016 09:54pm EDT 

IVRCL Ltd:A flyover under construction in the bustling Indian city of Kolkata collapsed on Thursday on to vehicles and street vendors below, killing at least 14 people with more than 100 people feared trapped - RTRS.Residents used their bare hands to try to rescue people pinned under a 100-metre (110-yard) length of metal and cement that snapped off at one end and came crashing down in a teeming commercial district near Girish Park.Indian company IVRCL was building the 2-km (1.2-mile) Vivekananda Road flyover, according to its web site.Its shares closed down 5 percent after falling by up to 11.8 percent on news of the disaster. IVRCL's director of operations, A.G.K. Murthy, said the company was not sure of the cause of the disaster.  Full Article

IVRCL Ltd announces Allotment of Equity Shares to CDR Lenders
Thursday, 6 Aug 2015 08:32am EDT 

IVRCL Ltd:Announces allotment of 2,41,59,262 equity shares of 2 Indian Rupees each, at issue price of 24.39 Indian Rupees per share, on Aug. 06, to the CDR Lenders who have signed the Master Restructuring Agreement.Says this allotment is towards conversion of 4th tranche of FITL into equity, for the quarter ended June 30.  Full Article

IVRCL Ltd signs MoU with Royal Smals-Business Standard
Tuesday, 9 Jun 2015 02:44am EDT 

IVRCL Ltd:Signed a MoU with Netherlands company Royal Smals, a specialist in hydraulic engineering solutions, for cooperation in the field of water management-Business Standard.  Full Article

IVRCL Ltd bags 36.24 bln turnkey EPC Project
Monday, 11 May 2015 03:22am EDT 

IVRCL Ltd:Has bagged turnkey EPC project worth SAR 2.196 bln (about 36.24 bln) from Ministry of Interior - Kingdom of Saudi Arabia (KSA).Scope of work for this EPC project of constructing pre-fabricated residential complex in Southern areas of Kingdom of Saudi Arabia (KSA) includes designing and buildings and external land and infrastructure development in three locations.Locations including Dharan AI Janoube, Al Qahmah and Asir Region, Saudi Arabia.This would further require designing and execution of civil, structural, architectural, electrical, sanitary, air-conditioning and mechanical works.This is to be completed in about 36 months.  Full Article

IVRCL Ltd secures orders worth 4.0523 billion Indian rupees
Wednesday, 29 Apr 2015 12:54am EDT 

IVRCL Ltd:Says it has bagged two projects totalling to an amount of 4.0523 billion Indian rupees.Says the project include an order of 1.1002 billion Indian rupees from Dream World Landmarks LLP for residential development for Godrej Prana, Pune.Says another order of 2.9511 Billion Indian rupees from Orissa Water Supply and Sewerage Board for execution of additional sewer construction in Bhubaneswar.  Full Article

IVRCL Ltd announces allotment of Equity Shares to CDR Lenders
Monday, 27 Apr 2015 08:07am EDT 

IVRCL Ltd:Has announces allotment 24,263,326 equity shares 2 Indian Rupees each, at issue price of 24.39 Indian Rupees per share, on April 27 to the CDR Lenders.This allotment is towards conversion of 3rd tranche of FITL into equity, for the quarter ended March 31.  Full Article

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