BGRENERGY

BGR Energy Systems Ltd BGRE.NS:

• BGR ENERGY SYSTEMS LTD - RECEIVES APPEAL ORDER LEVYING VAT OF 4.1 MILLION RUPEES

Source text: ID:nBSE3RK6fd

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Dec 13 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• RECEIVES TAX DEMAND NOTICE FOR 85.2 MILLION RUPEES

Source text: ID:nBSEc1glmv

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** Shares of motors and generators maker TD Power Systems TDPS.NS rise as much as 5.5% to 427 rupees; last up 2.1%

** Co gets initial order worth 180 mln rupees ($2.1 mln) for supply of traction motors to the European market as part of a 5-year contract

** Co expects total business volume of around 3 bln rupees from the contract

** Stock above its 200-day SMA since March, indicating bullish sentiment

** More than 575,000 shares traded, 1.3x 30-day moving avg

** Stock extends YTD gains to ~59%, while peer BGR Energy Systems BGRE.NS is down ~56% YTD

($1 = 84.0675 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

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** Motors and generators maker TD Power Systems TDPS.NS rises 4.5% to 402.95 rupees

** Co gets orders worth 1.42 bln rupees ($17 mln) for gas engine generators from international firms

** TDPS did not disclose any further details

** More than 939,000 shares traded in stock's busiest session since Aug-end

** YTD, TDPS gains ~56%, while peer BGR Energy Systems BGRE.NS is down ~53%

($1 = 84.0590 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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Sept 19 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• GOT TAX ORDER RECTIFYING DEMAND TO NIL FROM 209.9 MILLION RUPEES

Source text for Eikon: ID:nBSE748BnM

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Aug 9 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• JUNE-QUARTER CONSOL NET LOSS 1.13 BILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.74 BILLION RUPEES

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Aug 6 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• BGR ENERGY SYSTEMS - GETS RECEIPT OF HC ORDER SETTING ASIDE ARBITRAL AWARD

• BGR ENERGY SYSTEMS - AWARD IN ARBITRATION MATTER BETWEEN CO, CHHATTISGARH STATE POWER GENERATION CO

Source text for Eikon: ID:nBSEY9tWH

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July 10 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• GETS DEMAND NOTICE FROM CENTRAL BANK OF INDIA

Source text for Eikon: ID:nNSE1k2dD3

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** Shares of India's BGR Energy BGRE.NS up ~5%, hitting session high of 44.1 rupees

** Engineering firm's board approved fundraise worth up to 10 bln rupees ($120 mln) via rights issue

** Stock eyes best week since mid-May, if gains hold

** Trading vols 1.5x 30-day avg

** Stock has lost ~55% YTD

($1 = 83.4850 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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July 4 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• APPROVED ISSUANCE OF EQUITY SHARES UPTO 10 BILLION RUPEES

• ISSUANCE OF EQUITY SHARES BY WAY OF RIGHTS ISSUE

Source text for Eikon: ID:nNSEjHbY3

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June 5 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• RECEIVED DEMAND NOTICE FROM PUNJAB NATIONAL BANK

• DEMAND NOTICE FOR RECOVERY OF NPA AMOUNT OF 897.6 MILLION RUPEES

Source text for Eikon: ID:nBSE45npxT

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May 27 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• RECEIVED INTIMATION OF TERMINATION OF CONTRACT FROM THERMAX

Source text for Eikon: ID:nBSE8QvG8c

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April 18 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• ENTERED INTO SUPPLY CONTRACT & SERVICES CONTRACT WITH ODISHA POWER GENERATION CORP AND NEYVELI UTTAR PRADESH POWER

• ENCASHMENT OF BANK GUARANTEE BY OPGCL AMOUNTING TO 3.84 BILLION RUPEES AND BY NUPPL AMOUNTING TO 4.91 BILLION RUPEES

Source text for Eikon: ID:nBSE8hdYzm

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March 19 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• BGR ENERGY SYSTEMS LTD- SBI HAS INFORMED CO ABOUT APPOINTMENT OF AUDITOR FOR FORENSIC AUDIT

• BGR ENERGY SYSTEMS LTD- SBI HAS NOT SPECIFIED REASON FOR FORENSIC AUDIT

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March 13 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• MANGALORE REFINERY AND PETROCHEMICALS CANCELS CONTRACT WORTH 1.13 BILLION RUPEES WITH CO

Source text for Eikon: ID:nNSELkDFt

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** Shares of equipment maker BGR Energy Systems BGRE.NS down 7.4% at 70.55 rupees

** Top shareholder Sasikala Raghupathy sells 7.7% stake in the open market

** Stock on track for fifth straight session of decline

** Trading volume 1.4x the 30-day moving average

** Stock down 27.4% YTD after gaining ~67% in 2023

(Reporting by Kashish Tandon in Bengaluru)

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Jan 24 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• TAMIL NADU TRANSMISSION CORPORATION TERMINATED CONTRACT FOR AMOUNT 2.24 BILLION RUPEES AWARDED TO CO

• POOR PROGRESS OF WORK HAS BEEN CITED AS REASON FOR TERMINATION

• TERMINATED CONTRACT FOR ESTABLISHMENT OF 400/230-110 KV AIS SS AT EDAYARPALAYAM IN COIMBATORE

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** Shares of BGR Energy BGRE.NS fall 3.4% to 87.75 rupees

** Construction and engineering firm says IDBI Bank IDBI.NS has classified its account as a non-performing asset

** Overall credit exposure of BGRE with IDBI is 3.04 bln rupees ($36.6 mln)

** BGRE has fallen for three straight sessions since Jan. 8 when it said it defaulted on principal payment owed to ICICI Bank ICBK.NS, Indian Bank INBA.NS and Bank of India BOI.NS

** Stock lost ~4% in the last three sessions

** BGR rose for five straight months until Dec 2023, gained for third consecutive qtr in the Dec-qtr

($1 = 83.0750 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)

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** Shares of BGR Energy Systems BGRE.NS fall as much as 8.7% to 86.2 rupees, steepest intraday fall since Oct. 17, 2022

** Construction and engineering co said on Monday it defaulted on principal payment of 6.31 bln rupees ($75.88 mln) owed to ICICI Bank ICBK.NS, Indian Bank INBA.NS and Bank of India BOI.NS

** More than 4.1 mln shares change hands by 3:10 p.m. IST, 2.4x the 30-day avg

** The co saw over 4 mln shares traded in a single session six times in 2023

** Stock currently down 3.2% vs a 0.16% fall in the Nifty Energy Index .NIFTYENR

($1 = 83.1564 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

** Shares of BGR Energy Systems Ltd BGRE.NS down 5.3% at 92 rupees

** BGRE says State Bank of India classified firm's credit exposure with lender as "sub-standard", while Central Bank of India downgraded co's asset quality with bank to non-performing asset (NPA)

** The maker of equipment for power plants says it has been regularly servicing interest and other charges to both banks

** Stock falls most since Dec. 20 when it was asked by Canara Bank to clear its outstanding liabilities immediately

** BGRE fell 5% or lower only thrice in 2023

** Three other banks classified loss-making firm's accounts as NPA in November

** Around 1.4 mln shares traded

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

** Shares of BGR Energy System BGRE.NS fall as much as 5.5% to 101.65 rupees, steepest fall in nearly two months

** The capital equipments maker was asked by Canara Bank to clear its entire outstanding liability of nearly 5.62 billion rupees ($67.59 million) immediately

** More than 6 mln shares change hands, 4x the 30-day avg

** Trading volumes cross 5 million shares in a day, for third time in December

** Stock last down 4%, cutting YTD gains to ~77%

($1 = 83.1425 Indian rupees)

(Reporting by Anisha Ajith in Bengaluru)

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** Shares of BGR Energy Systems BGRE.NS rise as much as 8.6% to 83.9 rupees

** Stock hits highest level since Sept. 20, 2022

** Co on Thursday won an order worth 1.13 billion rupees ($13.6 million) from Mangalore Refinery And Petrochemicals MRPL.NS

** Order for supply of air cooled heat exchanger (ACHE)

** BGRE makes equipment for power plants, petrochemical industries, refineries and process industries

** Stock up ~40.7% YTD, including day's gains

($1 = 83.2230 Indian rupees)

(Reporting by Anisha Ajith in Bengaluru)

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Oct 12 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• GOT ORDER FROM MANGALORE REFINERY AND PETROCHEMICALS

• GETS ORDER WORTH 1.13 BILLION RUPEES

Source text for Eikon: ID:nBSE1NnwQ8

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** Shares of BGR Energy Systems BGRE.NS rise as much as 7.4% to 78.85 rupees, highest level since Dec. 14, 2022

** Stock on track for a seventh consecutive session of gains, if trends hold

** Power equipment maker enters claim settlement agreement with Damodar Valley Corporation

** BGRE says co and DVC agreed to total compensation of 4.19 bln rupees ($50.4 million) plus 29.3 million euros

** Agreement post termination of a 19.02 bln rupee contract with DVC

** More than 1.1 mln shares traded as of 9:54 a.m, 1.7x the 30-day avg

** Stock up 26% this year, as of last close

($1 = 83.1130 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

Sept 6 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• CO AND DAMODAR VALLEY CORPORATION HAVE ENTERED INTO A CLAIM SETTLEMENT AGREEMENT

Source text for Eikon: ID:nNSELXzTR

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Aug 11 (Reuters) - BGR Energy Systems Ltd BGRE.NS:

• INDIA'S BGR ENERGY SYSTEMS JUNE-QUARTER CONSOL NET LOSS 914.8 MILLION RUPEES VERSUS LOSS 885.3 MILLION RUPEES

• BGR ENERGY SYSTEMS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.45 BILLION RUPEES VERSUS 2.73 BILLION RUPEES

Source text for Eikon: ID:nNSE4d3N2t

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