Bhanderi Infracon Clarifies Non-Applicability of Escrow Payment Mechanism

Bhanderi Infracon Limited has submitted a clarification to the stock exchange regarding the non-applicability of the Escrow Payment Mechanism. This is in reference to SEBI regulations concerning municipal debt securities. The company states that it has not issued any instruments or arrangements for which this mechanism is applicable, thus it is not required to comply with the escrow payment submission. The clarification has been submitted for record.