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IVRC.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

IVRCL June-qtr loss narrows
Wednesday, 14 Sep 2016 08:00am EDT 

IVRCL Ltd : June-quarter net loss 1.52 billion rupees . June-quarter total income from operations 4.48 billion rupees . Says net loss in June-quarter last year was 1.89 billion rupees as per Ind-AS; total income from operations was 6.20 billion rupees . Further company coverage [IVRC.NS] ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

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

IVRCL Ltd bags orders worth 12.5567 billion Indian rupees
Sunday, 21 Dec 2014 11:49pm EST 

IVRCL Ltd:Says that the irrigation and water divisions of the company have bagged orders of the value of 12.5567 billion Indian rupees.Says that it has bagged an order of 10.2258 billion Indian rupees from Karnataka Neeravari Nigam Limited, Government of Karnataka for Tubchi-babaleshwar lift head works under lift irrigation scheme.Says the scope of the project includes construction of gravity type intake channel of 1.40 KM long, Jackwell cum Pump House, Delivery Chamber, Panel Room, Control Room, a substation of 220KV/11Kv capacity.Says with all accessories and 11 KMs Transmission Line with required volute pumps to deliver a total discharge of 20.03 cumecs of water with a head of 194.5m.Says the project is to be executed in 24 months.Says it has bagged an order of 1.3749 billion Indian rupees from Bharat Heavy Electricals Limited for the work of package-5: Civil, Structural and Architectural works etc of complete Raw Water reservoir intake water pump house, desilting chamber, civil work.Says the completion period is 27 months.Says it has bagged an order of 956 million Indian rupees from Maharashtra Jeevan Pradhikaran Urban & Rural Scheme Division, Nagpur for the work of 'NRDWP - Nagpur Peri Urban (10 villages) RR water supply scheme.Says the completion period is 36 months.  Full Article

IVRCL Ltd to sell equity stake in Chennai Water desalination Ltd
Thursday, 18 Dec 2014 04:54am EST 

IVRCL Ltd:To sell its equity stake in Chennai Water desalination Ltd which is a subsidiary of IVRCL.Transaction is expected to complete in 3months.  Full Article