Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...
06 Apr, 2026, 12.51 AM IST
Banks to convert Electrosteel's Rs 2,507 crore debt into equityThe company will hold an extraordinary general meeting on January 7 to seek shareholders' approval for the SDR package.
09 Dec, 2015, 10.59 AM IST
Orchid Chemicals rallies 7% as promoters plan to hike stake to 45%Shares of Orchid Chemicals gained over 7% following reports that promoters are planning to increase stake in the company by 13% to 45%.
15 Jul, 2014, 12.02 PM IST
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".
28 Nov, 2013, 08.07 PM IST
CCEA may take up amendments to debt rejig package todayAs per the proposal, the state electricity boards of Jharkhand, Bihar and Andhra Pradesh will be allowed to convert their outstanding loans...
28 Nov, 2013, 03.26 PM IST
Power Ministry awaits Karnataka's response on discom debt recast"As soon as Karnataka (government) sends us their response we will send the note to CCEA," an official in the Ministry of Power said.
30 Oct, 2013, 12.57 PM IST
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.
23 Apr, 2013, 07.49 PM IST
Shareholders okay Suzlon's $ 1.8 billion CDR packageSuzlon Energy said the company's shareholders have approved the $ 1.8 billion corporate debt restructuring package.
12 Apr, 2013, 07.18 PM IST
- Govt to bring draft model legislation for state discoms
After announcing a debt restructuring package for the state electricity boards, the government today said it would bring a draft model bill...
25 Sep, 2012, 02.27 PM IST
Nationalised banks to restructure debt for textile industryNationalised banks will begin implementing the Rs 35,000 crore debt restructuring package for the textile industry.
21 Sep, 2012, 06.22 PM IST
- Implement Rs 35,000 crore debt restructuring package: SIMA
The SIMA chief S Dinakaran has appealed to the Ministry of Textiles & the Ministry of Finance to expedite the implementation of the Rs 35K ...
04 Sep, 2012, 07.27 PM IST
- M Karunanidhi seeks Prime Minister Manmohan Singh's intervention over textile debt restructuring
Karunanidhi today urged PM to direct RBI to issue necessary notification for the Rs 35K cr debt restructuring package for textile industry.
26 Jun, 2012, 03.27 PM IST
- Mudra Lifestyle’s Rs 475-cr debt restructuring package approved by lenders
The lenders, including State Bank of India, Axis Bank and Oriental Bank of Commerce have agreed to sacrifice Rs 45.50 crore to recast the l...
08 Jun, 2012, 06.04 AM IST
- Air India accepts corporate debt restructuring package
Air India is saddled with a debt of about Rs 40,000 crore of which Rs 18,000 crore is working capital loans.
17 Mar, 2011, 04.44 AM IST
- Banks may get to bail out airlines
The banking regulator has said that banks could change the terms under which they have lent to airlines, possibly throwing a lifeline to a ...
26 Aug, 2010, 05.57 AM IST
Banks approve Maytas debt restructuring packageBanks that have an exposure of Rs 5000 crore to Maytas Infra have approved the corporate debt restructuring package.
02 Jul, 2009, 05.16 PM IST
- 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...
06 Feb, 2003, 12.09 AM IST