Brief: Adlabs Entertainment Says Presented Debt Resolution Plan To Lenders Of Co

Imagicaaworld Entertainment

20/09/2018 12:00

Sept 20 (Reuters) - Adlabs Entertainment Ltd  ADLA.NS :
    * COMPREHENSIVE DEBT RESOLUTION PLAN PRESENTED TO LENDERS OF
CO TO
ADDRESS EXISTING CASH FLOW MISMATCH
    * SALE OF ASSETS, APPROVED BY SHAREHOLDERS ON DEC 28, 2017
AND AUG
3, 2018, PROPOSED TO BE PART OF RESOLUTION PLAN
    * CO IS AWAITING RELEVANT APPROVALS FROM CONSORTIUM OF
LENDERS

Source text: http://bit.ly/2NngpjH
Further company coverage:  ADLA.NS 

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