Brief: HCL Infosystems Says To Monetize Properties To Reduce Debt Obligations
30/05/2019 13:32
May 30 (Reuters) - HCL Infosystems Ltd HCLI.NS :
* IN ORDER TO REDUCE DEBT OBLIGATIONS, DECIDED TO MONETIZE
COMPANY
OWNED PROPERTIES IN PHASED MANNER
* APPROVED SALE OF 2 COMPANY OWNED PROPERTIES IN NOIDA AND
ONE
PROPERTY IN PUNE; PROCEEDS TO BE USED TO REPAY LOANS
* SALE VALUE OF NOIDA PROPERTIES IS 136.8 MILLION RUPEES
Source text: http://bit.ly/2JOXvjh
Further company coverage: HCLI.NS
((Reuters.Briefs@thomsonreuters.com;))
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