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A2Z Maintenance gains on receiving LOA for its debt restructuring proposal

31 Dec 2013 Evaluate

A2Z Maintenance & Engineering Services is currently trading at Rs. 12.28, up by 0.40 points or 3.37 % from its previous closing of Rs. 11.88 on the BSE.

The scrip opened at Rs. 12.19 and has touched a high and low of Rs. 12.40 and Rs. 11.52 respectively. So far 258236 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 62.70 on 07-Jan-2013 and a 52 week low of Rs. 7.51 on 20-Dec-2013.

Last one week high and low of the scrip stood at Rs. 11.95 and Rs. 7.72 respectively. The current market cap of the company is Rs. 91.09 crore.

The promoters holding in the company stood at 44.45% while Institutions and Non-Institutions held 7.81% and 47.73% respectively.

A2Z Maintenance & Engineering Services has received an approval whereby the board has accepted the Letter of Approval (LOA) dated December 28, 2013, issued by Corporate Debt Restructuring Empowered Group (CDR EG) approving the Corporate Debt Restructuring proposal submitted by the company.

The CDR EG approved the CDR proposal at its meeting held on December 24, 2013. The letter of approval is ‘Provisional’ subject to confirmation of minutes of the ensuing CDR EG Meeting.

A2ZMaintenance & Engineering Services engaged in providing services to the power transmission and distribution sector with a focus primarily on the distribution segment. The company is diversifying this business to provide EPC services to power generation companies and companies in other sectors, including road and telecommunications.

A2Z Infra Share Price

17.17 -0.03 (-0.17%)
10-Apr-2026 16:59 View Price Chart
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