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MoneyWorks4Me

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bharat Road Network has informed that with respect to one of its Lender IL&FS Financial Services, who had extended the Company a Term Loan facility of Rs 70 Crores, Interest and Principal amount payment by the Company has been delayed since 30th September, 2018 as one of the IL&FS Creditors has raised a dispute to the Company, requesting the Company to hold back IL&FS dues, since IL&FS has failed to repay its dues to this Creditor.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 4139.00
Kalpataru Projects 1346.45
NCC 134.50
Rail Vikas Nigam 199.45
KEC International 333.55
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