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Vascon Engineers Limited — Capital/Financing Update 2020
Apr 29, 2020
62506_rns_2020-04-29_c5904472-f5a7-4a3f-9d92-498d7015630d.pdf
Capital/Financing Update
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April 29, 2020
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To, To, National Stock Exchange of India Limited Listing Department, Exchange Plaza, Bandra (E), Mumbai – 400 051
BSE Limited The Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001
Ref Symbol: VASCONEQ
Ref: Scrip Code: 533156
Subject: Rescheduling the Payment Terms of Existing Non-Convertible Debentures on account of COVID-19
Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Please find enclosed herewith intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 regarding rescheduling of Payment terms of Existing Non-Convertible Debentures.
We request you to take this information on record.
Thanking you,
For Vascon Engineers Limited
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Vibhuti Dani Company Secretary and Compliance Officer
Encl: As above
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April 29, 2020
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To, National Stock Exchange of India Limited Listing Department, Exchange Plaza, Bandra (E), Mumbai – 400 051
To, BSE Limited The Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001
Ref Symbol: VASCONEQ
Ref: Scrip Code: 533156
Subject: Rescheduling the Payment Terms of Existing Non-Convertible Debentures on account of COVID-19
Ref: Disclosure under Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements ) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that on account of Global Pandemic Covid-19, Debenture holders and the Company have mutually agreed to amend the Repayment Schedule of Unlisted, Unquoted, Unrated Non-Convertible Debentures. Necessary formalities in this regards will be completed in due course which includes execution of Amendment Deed.
The said parties are not related to Promoter/Promoter Group.
Furtherahead, the aforesaid work doesn’t fall under the ambit of Related Party Transactions.
You are requested to kindly take the same on record.
Thanking you,
For Vascon Engineers Limited
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Vibhuti Dani
Company Secretary and Compliance Officer
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