Infrastructure India Share Discussion Threads

[pebsi] 24/8/2018 15:10

Bids rising but I'm only seeing sells?

[noirua] 24/8/2018 14:04

wilwak joined ADVFN today - hmmmmm.

[noirua] 24/8/2018 14:03

That is the idea of the cash injection to develop the company. DLI is now on a stronger footing with the pay down of loans and overdrafts.

It is similar to a person having a £500K loan against a property. If the owner of the property receives £100K and the rest of the loan is paid off the risk going forward is reduced. Especially if the person was in trouble meeting payments.

IIP is all about reduction of risk.

[mrjackpot777] 24/8/2018 13:58

I have never seen you on here. Thanks for telling us your take.

are you new to advfn, surely I would have noticed an expert like goodself around

[noirua] 24/8/2018 13:31

Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that at its Extraordinary General Meeting held earlier today the resolution was duly passed.

The Proposed Financing will provide sufficient capital to enable Distribution Logistics Infrastructure Private Limited ("DLI") to complete, commission and ramp up all of its terminal facilities, provide additional working capital for both DLI and the Group and would also enable the Company to repay or partially repay existing debt facilities in due course.

The above is the basics of the decision that allows IIP to move ahead - as posted earlier by others

[letmepass] 24/8/2018 12:29

Are those red buys or sells

[mrjackpot777] 24/8/2018 12:26

EGM passed.

Good luck all.

[cudmore] 24/8/2018 12:24

Hold on for the ride!!!!

[dafad] 24/8/2018 12:24

 

 

 

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Infra.India Share News - IIPInfra.India Share News - IIP

Current Price

5.70p

-0.10p-1.72%

Bid PriceOffer Price5.50p5.90pHigh PriceLow PriceOpen Price5.80p5.40p5.80pShares TradedLast TradeMarket Cap (m)541,72211:36:2838.78

Infrastructure India plc Result of EGM

Intraday Infra.India Chart

24/08/2018 12:21pmUK Regulatory (RNS & others)

TIDMIIP TIDMTTM

RNS Number : 8505Y

Infrastructure India plc

24 August 2018

24 August 2018

Infrastructure India plc

("IIP", the "Company" and together with its subsidiaries the "Group")

Result of Extraordinary General Meeting

Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that at its Extraordinary General Meeting held earlier today the resolution was duly passed.

The passing of the resolution enables the Company to proceed towards completion of the financing as detailed in the announcement and circular to shareholders dated 31 July 2018.

Further announcements will be made in due course, as appropriate.

Enquiries:




    Infrastructure India plc   ;          ;          ;       www.iiplc.com 
    Sonny Lulla 


  Smith & Williamson Corporate Finance Limited 
   Nominated Adviser & Joint Broker 
   Azhic Basirov / Ben Jeynes                      [phone] 


  Nplus1 Singer Advisory LLP 
   Joint Broker 
   James Maxwell - Corporate Finance 
   James Waterlow - Investment Fund Sales      ;    [phone] 
  Novella       ;          ;          ;          ;     [phone] 
  Financial PR 
  Tim Robertson / Toby Andrews 



This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

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(END) Dow Jones Newswires

August 24, 2018 07:21 ET (11:21 GMT)

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[dafad] 24/8/2018 12:23

Rns out-res passed

[noirua] 24/8/2018 11:32

The news is probably out now in IOM. Unless the directors decided to do a long preamble to make it worthwhile for those making the effort to attend the meeting.

[letmepass] 24/8/2018 11:23

News could be bad here. Watch out