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Hindustan Cleanenergy Ltd - Compliances-Reg. 54 - Asset Cover details

| Updated on April 22, 2019 Published on April 22, 2019

In pursuance to regulation 54 of SEBI Regulations read with SEBI Circular no. CIR/IMD/DF1/69/2016 dated 10th August 2016, the asset cover details with respect to the NCDs of Hindustan Cleanenergy Limited (the Company) for the half year ended on 30th September, 2018 are as under:
Asset Cover: The Non-convertible Debentures have been secured through pledge on 74% shares of the Company created by Hindustan Powerprojects Private Limited- Holding Company, Pledge on 100% shares of Hindustan EPC Company Ltd. created by Hindustan Powerprojects Private Limited- Holding Company, Pledge on 100% shares of Hindustan EPC - Co Pvt. Ltd. created by the Company, Deposit under the Designated Account of the Company, Deposit under the Funding Account of the Company, Pledge on 100% shares of Cinch Power & Infrastructure Pvt. Ltd. created by Hindustan EPC Company Limited, Pledge on 100% shares of Basilica Power & Infrastructure Pvt. Ltd created by Cinch Power & Infrastructure Pvt. Ltd., Deposit under the Cinch Power & Infrastructure Pvt. Ltd. Accounts. Amounts standing to the credit of the bank account number 917020051972650 of the Company held with Axis Bank Ltd, Receivables and current assets of the Company, pledge on 100% shares of Peridot Energy Services Limited created by Hindustan Powerprojects Private Limited- Holding Company.

The asset cover details also forms part of notes to the un-audited financial results for the half year ended 30th September, 2018 already submitted with the Exchange separately.

Kindly take the above on record.

Pdf Link: Hindustan Cleanenergy Ltd - Compliances-Reg. 54 - Asset Cover details

Source : BSE - www.bseindia.com

Published on April 22, 2019
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