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| Exchange Received Time 13/02/2018 17:57:59 Exchange Disseminated Time 13/02/2018 17:58:05 Time Taken 00:00:06 | Dear Sir,
The decisions and outcome of the Meeting of the Board of Directors of the A2Z Infra Engineering Ltd. duly held on Tuesday, February 13, 2018 are as follows:-
1. A2Z's Board approves One Time Settlement (OTS) with Edelweiss Asset Reconstruction Limited (hereinafter referred to as 'Edelweiss'), a Lender of the Company. Total Debt Addressed is INR 130.83 Cr., at OTS Consideration of INR 57.5 Cr.
2. Allotment of Equity Shares to lenders on conversion of Loan.
3. Approval of Unaudited Financial Results for the Quarter (Q3) ended December 31, 2017.
You are requested to take the above information on record.
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