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  2. Share Prices
  3. Infra.india Share Price
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  5. Infrastructure India under pressure from DLI investment

Pin to quick picksInfra.india Share News (IIP)

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Share Price: 0.035
Bid: 0.02
Ask: 0.05
Change: 0.00 (0.00%)
Spread: 0.03 (150.00%)
Open: 0.035
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Infrastructure India under pressure from DLI investment

Thu, 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 firm's net asset value remained relatively stable at £325.6m as at 30 September, compared to £325.8m at the start of the period.Net asset value per share was 48p - precisely in line with both the start of the period and the end of the first half last year."Significant strengthening of the Indian rupee against sterling and a decrease in the yield of the Indian 10-year bond, which serves as the risk-free rate in asset valuations, had a positive impact on net asset value," its board said in a statement."This was however offset by market conditions as well as delays in funding due to bank debt restructuring for Distribution Logistics Infrastructure."Since period end, DLI completed the restructuring of its bank debt, during October."The new flexible scheme allows for longer repayment periods, a reduced interest rate in the initial years and an enhanced working capital facility, which will be used to support DLI's ramp-up plans."Following that in November, the Government of India demonetised and officially withdrew certain high value currency denomination notes from circulation."This had an impact on operations at DLI, as the limited availability of cash has restricted transactions across the sector and dramatically decelerated cargo movements."
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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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