Brief: SPML Infra Says Lenders Are In Advance Stage To Restructure Co's Debt

SPML Infra

28/02/2022 07:31

Feb 28 (Reuters) - SPML Infra Ltd  SPML.NS :
    * SPML INFRA LTD - CO'S LENDERS ARE IN ADVANCE STAGE TO
RESTRUCTURE CO'S DEBT
    * SPML INFRA - CONSIDERING SEGREGATION OF LOANS OF CO INTO
SUSTAINABLE & UNSUSTAINABLE PORTIONS
    * SPML INFRA LTD - CO PROPOSES TO INFUSE 600 MILLION RUPEES
WITHIN
18 MONTHS FROM DATE OF IMPLEMENTATION OF RESOLUTION PLAN
    * SPML INFRA - PROPOSED TO REDUCE 2.87 BILLION RUPEES IN
FUND
BASED EXPOSURE OF LENDERS BASED ON FUND LYING AT COURT, CO'S TRA
ACCOUNT

Source text for Eikon:  ID:nBSE6r7XWn 
Further company coverage:  SPML.NS 

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