Pipavav Defence set to restructure Rs7,600 crore debt under CDR
Mint
2018-02-16
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The majority of lenders to Pipavav Defence and Offshore Engineering Co. Ltd have agreed to restructure the company’s Rs. 7,600 crore debt under the corporate debt restructuring (CDR) mechanism, two public sector bankers directly involved with the case confirmed on conditions of anonymity.
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