Lenders discussing debt conversion plan: IVRCLIVRCL Ltd today said its lenders are deliberating on various debt conversion options of the company under the Corporate Debt Restructuring ...
Shriram EPC's board to consider share issuance under CDRCDR Lenders refers to the lenders of the company whose loans are restructured under the Corporate Debt Restructuring (CDR) package.
Stressed banks may not pass on benefit to companies under CDRMany corporate borrowers under stress sought to restructure their debt for easier terms like longer repayment period and softer interest ra...
IVRCL allots first tranche of shares to CDR lendersInfrastructure major IVRCL Ltd today said it has allotted nearly 8.8 crore shares to the Corporate Debt Restructuring (CDR) lenders
Lanco Infratech lenders have option to convert loan into equityLanco Infratech which has gone for Corporate Debt Restructuring said 25 lenders have been given an option to convert some of their loan amo...
Electrosteel Steels implements CDR packageElectrosteel Steels Ltd (ESL) has said it has implemented the company's Corporate debt restructuring (CDR) package before the stipulated ti...
Lenders have option to convert debt into equity: GammonGammon India today said the debt restructuring related proposals, for which it has sought shareholders nod, are "enabling resolutions".
- Clarification by Electrosteel on debt recast
Electrosteel has clarified that their Flash Report was discussed in details in the meeting of CDR EG on June 14, 2013 and has been admitted...
Suzlon implements $1.8 billion debt recast planSuzlon today said it has implemented the $ 1.8 bn debt restructuring package that includes preferential allotment of shares to its lenders.
Gammon India referred to CDR, Tulip Telecom's CDR approvedGammon India has been referred to the CDR cell for its debt of Rs 9,000 cr, while Tulip has got restructuring proposal for debt of Rs 2,200...
CDR: Banks to own 19% of Suzlon by Apr, 32% by Sept 2014Suzlon today said its board has agreed to allot over 78 crore fresh shares, constituting about 32 per cent of equity, worth about Rs 1,451 ...
- Despite exit by small lenders, banks still prefer CDR cell
Most lenders will continue to be part of CDR forum as a consortium approach gives a lot of comfort over the individualistic route.
Banks like Axis, ICICI, Corporation, others to discuss Deccan Chronicle Holdings' CDR entryBig lenders with high exposure and smaller ones with just about Rs 100 crore of loans are pulling in opposite directions on how to go about...
- JSW Ispat board allots equity shares on preferential basis to CDR lenders
JSW Ispat board of directors has allotted an aggregate of 13,00,31,371 equity shares on preferential basis to the CDR lenders of the compan...
- Vishal Retail has best stock turnover ratio in the retail industry: RC Agarwal
RC Agarwal, Chairman, Vishal Retail, spoke to ET Now on restructuring and consolidation. Excerpts:
- India Inc defaulters may get recast leeway, freedom to exit CDR
As per current formula, a company has to repay the principal that lenders had sacrificed while restructuring loan.
- RBI revises CDR guidelines
Reserve Bank of India has revised the corporate debt restructuring guidelines granting lenders an option to exit from the package by sellin...