NCC considering warrants for promoters
Technology

NCC considering warrants for promoters

Urban infrastructure development company, NCC Ltd recently announced that a Board of Directors meeting is to be held on 30 December 2020, to finalise the company’s results and to consider and approve a proposal for issuing warrants to promoters or promoter groups on a preferential basis.

In this regard, the trading window for dealing in the company’s securities shall remain shut in compliance with SEBI norms, for promoters, directors, other designated persons, and immediate relatives of designated persons covered under the said code from 23 December 2020 to 31 December 2020 (both days included).

The company, in a regulatory filing, informed the BSE that the trading window would further continue to remain closed from 1 January 2021, till completion of 48 hours after the declaration of the unaudited financial results (standalone and consolidated) of the company for the quarter and nine months ending on 31 December 2020.

Urban infrastructure development company, NCC Ltd recently announced that a Board of Directors meeting is to be held on 30 December 2020, to finalise the company’s results and to consider and approve a proposal for issuing warrants to promoters or promoter groups on a preferential basis.In this regard, the trading window for dealing in the company’s securities shall remain shut in compliance with SEBI norms, for promoters, directors, other designated persons, and immediate relatives of designated persons covered under the said code from 23 December 2020 to 31 December 2020 (both days included). The company, in a regulatory filing, informed the BSE that the trading window would further continue to remain closed from 1 January 2021, till completion of 48 hours after the declaration of the unaudited financial results (standalone and consolidated) of the company for the quarter and nine months ending on 31 December 2020.

Next Story
Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

Next Story
Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

Next Story
Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?