Infrastructure India extends debt facilities as it looks to sell asset
31st Aug 2023 14:52
(Sharecast News) - Infrastructure India (IIP) announced an extension to the maturity dates of its debt facilities on Thursday in a bid to allow it more time to sell its biggest asset, with the extension first applying to the term loan originally announced in April 2019.
Read moreInfrastructure India increases and extends loan facility
17th Apr 2023 11:49
(Sharecast News) - Infrastructure India (IIP) announced an $8m increase to its term loan with IIP Bridge Facility on Monday.
Read moreInfrastructure India agrees $4m sale of Indian Energy subsidiary
4th Apr 2023 11:22
(Sharecast News) - Infrastructure India announced on Tuesday that it has agreed to sell Indian Energy Limited (IEL) to FA Power Renewables for $4m.
Read moreInfrastructure India extends term loan facility by one month
30th Mar 2023 16:22
(Sharecast News) - Asset investor Infrastructure India announced an extension to the maturity date of a term loan provided by IIP Bridge Facility on Thursday.
Read moreInfrastructure India investment agrees loan restructure
29th Jun 2021 14:37
(Sharecast News) - India-focussed infrastructure investor Infrastructure India announced on Tuesday that Distribution Logistics Infrastructure (DLI) has entered into agreements for revised terms with the lending banks which make up its two lending consortia.
Read moreInfrastructure India warns of 'significant consequences' from lockdown
27th Mar 2020 16:36
(Sharecast News) - Investment fund Infrastructure India updated the market further on the impact of the Covid-19 coronavirus on Friday, given the government of India had ordered a complete national lockdown of non-essential activity for a minimum of 21 days, in an effort to slow the spread of the virus.
Read moreReduced flow of goods impacting Infrastructure India
17th Mar 2020 09:59
(Sharecast News) - Infrastructure India updated the market on its largest asset, Distribution Logistics Infrastructure (DLI), in relation to the global Covid-19 coronavirus pandemic on Tuesday.
Read moreInfrastructure India draws down another $20m for DLI facility work
19th Jun 2019 11:29
(Sharecast News) - Infrastructure India has drawn down a further $20m (£16m) under its financing with IIP Bridge Facility, it announced on Wednesday.
Read moreInfrastructure India extends existing loans amid delays to refinancing
8th Jan 2019 08:15
(Sharecast News) - Infrastructure India has agreed the extensions to the maturity of an existing $48.4m unsecured bridging loan facility originally provided in June 2017 by Cedar Valley Financial, and an existing $21.5m working capital loan originally provided in April 2013 by GGIC, it announced on Tuesday.
Read moreInfrastructure India agrees to $3m increase of bridging loan
23rd Aug 2018 14:57
(Sharecast News) - Infrastructure India has agreed a $3m increase of the existing $40.4m unsecured bridging loan facility, it announced on Thursday.
Read moreInfrastructure India's cargo volumes weakened by demonetisation
16th Feb 2017 10:23
(ShareCast News) - Shares in Infrastructure India tumbled on Thursday after saying cargo volumes have gradually improved since demonetisation by the Indian government, but recovery to prior levels depends on the rebound of the manufacturing sector. In September, the investment fund said 99.9%-owned
Read moreInfrastructure India under pressure from DLI investment
15th Dec 2016 12:37
(ShareCast News) - Infrastructure India announced its unaudited interim results for the six months to 30 September on Thursday, with the value of the company's investments sitting at £330.7m at period end, compared to £334.5m at the start of the period and £331.6m at the same time last year. The fir
Read moreInfrastructure India offloads holding in Madhya Pradesh toll road
8th Apr 2016 14:26
(ShareCast News) - AIM-traded fund Infrastructure India announced the sale of one of its large investments on Friday - a holding in Western MP Infrastructure & Toll Roads (WMP). WMP operated a 78 mile toll road in the central Indian state of Madhya Pradesh, with a 25 year concession from April 2008.
Read moreInfrastructure India's subsidiary VLMS acquires Freightstar
18th Mar 2013 10:30
AIM-listed closed-ended investment company Infrastructure India's subsidiary, Vikram Logistic and Maritime Services (VLMS) has acquired the logistics division of ETA Engineering Pvt, which operates under the brand name of Freightstar. With the closing of the transaction, VLMS has acquired all of t
Read moreCOO of Afren sells 360,000 shares
27th Dec 2012 15:40
Shahid Ullah, the Chief Operating Officer of Afren, the FTSE 250 energy group, has reduced his stake in the company by 360,000 shares. Ullah, who joined the company in 2008, traded in the stock at 130p a time on Christmas Eve, earning himself £468,000 before tax. Earlier this month the group, wh
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