The Exchange has sought clarification from Housing Development and Infrastructure on August 09, 2017 with reference to news flashed on CNBC TV 18 dated August 09, 2017 quoting ‘company failed to replay 144cr loan to central Bank Of India, central Bank Of India has seized kurlas property. Company Doing one-time settlement with banks for subsidiary debt. Some Account of the company has been attached by the Income Tax Department.’
The above information is a part of company’s filings submitted to BSE.
