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BIRLATYRE Birla Tyres News Story

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BRIEF-Birla Tyres Approves Internal Reconstruction Of Co Seeking To Restructure Its Debt

Dec 21 (Reuters) - Birla Tyres Ltd  BIRT.NS :
    * IN-PRINCIPLE APPROVED DRAFT SCHEME OF ARRANGEMENT FOR
INTERNAL
RECONSTRUCTION OF CO SEEKING TO RESTRUCTURE ITS DEBT
    * SCHEME REQUIRES CO TO SEGREGATE, DEMERGE ITS YET TO
OPERATE
PASSENGER CAR RADIAL TYRE PLANT INTO NEWLY FORMED CO

Source text for Eikon:  ID:nBSE5SMQgc 
Further company coverage:  BIRT.NS 

 ((Reuters.Briefs@thomsonreuters.com;))

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