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State Bank of Patiala

Lenders Likely to Take Control of Lanco Infra

Lenders Likely to Take Control of Lanco Infra
Both public and private, twenty five lenders,  have secured an option to gain control over the sick infrastructure firm Lanco Infra, following one of the largest corporate debt restructuring (CDR) ,by conversion of  3,024 crore of loans into equity which involves 11,155 crore. In a communication, seeking the approval of shareholders for the issue of shares [...] Continue Reading »



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