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Share Price: 0.06
Bid: 0.02
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Change: 0.00 (0.00%)
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Infrastructure India Plans To Raise GBP1.36M In Placing

Tue, 27th Jul 2010 13:23

LONDON (Dow Jones)--Infrastructure India PLC (IIP.LN), an investment company focussed on Indian infrastructure assets, said Tuesday it plans to raise GBP1.36 million by way of a placing of 3,089,158 ordinary shares at a price of 44 pence per share. MAIN FACTS: -To further reduce operating costs, the Directors have concluded that it is necessary for the Company to seek a listing on a more suitable market, such as the AIM market of the London Stock Exchange. -Group has recently contributed a further GBP360,000 to the toll road project. -As a result of this additional contribution, the Company faces a working capital shortfall. -Without undertaking the Placing, the Directors would have been placed in the position of needing to seek an additional source of finance or to achieve a full or partial exit from one or both of the Company's investments within the next six months. -Shares at 1225 GMT unchanged at 48.5 pence. -By Tommy Stubbington, Dow Jones Newswires; 44-20-7842-9268; tommy.stubbington@dowjones.com (END) Dow Jones Newswires July 27, 2010 08:23 ET (12:23 GMT)
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26 Sep 2018 13:41

Infrastructure India Gets USD2 Million Increase To Cedar Valley Loan

LONDON (Alliance News) - Infrastructure India PLC said Wednesday that it secured a USD2.0 million increase to its existing USD43.4 million unsecured bridging loan facility provided by Cedar Valley

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21 Sep 2018 12:24

Infrastructure India Net Asset Value Falls Over Financial Year

LONDON (Alliance News) - Infrastructure India PLC on Friday said its net asset value per share fell sharply in its financial year 2018 hurt by weak performance of its main investee Distribution in

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18 Sep 2018 13:05

Infrastructure India Gains Two Loan Maturity Date Extensions

LONDON (Alliance News) - Infrastructure India PLC said Tuesday it has agreed two loan maturity extensions to October 18.The infrastructure fund agreed the extension of a USS43.4 million in

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17 Sep 2018 10:37

WINNERS & LOSERS SUMMARY: Clontarf Shares Surge On Tano 2A Resolution

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - up 1.0%. The Financial Times reported the chief

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17 Sep 2018 09:04

Infrastructure India Shares Dive On Cancellation Of Wind Farms Sale

LONDON (Alliance News) - Infrastructure India PLC lost more than a quarter of its market value early Monday following its decision to abort the sale of unit Indian Energy Ltd to ReNew Power Pvt in

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23 Aug 2018 14:57

Infrastructure India agrees to $3m increase of bridging loan

(Sharecast News) - Infrastructure India has agreed a $3m increase of the existing $40.4m unsecured bridging loan facility, it announced on Thursday.

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23 Aug 2018 11:35

Infrastructure India Shares Drop As Bridging Loan Raised Eighth Time

LONDON (Alliance News) - Infrastructure India PLC said on Thursday it has agreed to an increase of its USD40.4 million unsecured bridging loan facility to USD43.4 million.Shares in India at

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31 Jul 2018 11:31

Infrastructure India Shares Double As It Secures New Financing

LONDON (Alliance News) - Infrastructure India PLC shares soared on Tuesday as the company said it has agreed USD125 million, or GBP95.5 million, of debt funding.Shares were trading at 3.70

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20 Jun 2018 11:03

Infrastructure India Secures USD6 Million Increase To Bridging Loan

LONDON (Alliance News) - Investment firm Infrastructure India PLC said Wednesday that it has agreed a USD6.0 million increase to an existing bridging loan facility from Cedar Valley added funds on

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31 May 2018 12:02

Infrastructure India Secures USD4 Million Increase To Bridging Loan

LONDON (Alliance News) - Investment firm Infrastructure India PLC said Thursday it has agreed a USD4.0 million increase to an existing bridging loan facility from Cedar Valley Financial.The

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23 May 2018 15:07

Infrastructure India Secures USD2 Million Increase To Bridging Loan

LONDON (Alliance News) - Infrastructure India PLC said Wednesday it has agreed a USD2.0 million increase to its existing USD28.0 million unsecured bridging loan facility.The AIM-listed fund

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27 Apr 2018 13:58

Infrastructure India Sells Subsidiary To ReNew Power For GBP4 Million

LONDON (Alliance News) - Infrastructure India PLC on Friday said it agreed to sell its subsidiary, wind farm operator Indian Energy Ltd, to ReNew Power Services Private Ltd for GBP4.0 million in a

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24 Apr 2018 16:52

Infrastructure India Secures USD2 Million Increase To Bridging Loan

LONDON (Alliance News) - Infrastructure India PLC said Tuesday that it has agreed a USD2.0 million increase to its existing USD26.0 million unsecured bridging loan facility.The AIM-listed a

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16 Feb 2017 10:23

Infrastructure India's cargo volumes weakened by demonetisation

(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

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16 Feb 2017 08:43

Infrastructure India Says Hit From Government Demonetisation Continues

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