GTL Infrastructure, telecom equipments manufacturer is planning to restructure its corporate debt. The company is also looking for amalgamation with Chennai Network Infrastructure (CNIL), which was created as a special purpose vehicle to acquire Aircel’s tower assets. The board of directors of the company will discuss the issues on December 29 in the board meeting.
The company aims to withdraw scheme of arrangement with CNIL and consider fresh scheme of amalgamation. In April company’s shareholders had approved scheme of amalgamation of CNIL with itself on an exchange ratio of 1 equity share of GTL Infra for every four equity shares of CNIL.
GTL Infrastructure, a part of the Global group, is registered with the Department of Telecommunications (DoT) as an Infrastructure Provider in Category I (IP-I). The company builds, owns, operates and maintains passive network infrastructure on a shared basis in order to cater to the rapidly growing infrastructure needs of cellular telecom operators.
| Company Name | CMP |
|---|---|
| Vindhya Telelinks | 1376.60 |
| HFCL | 95.45 |
| Pace Digitek | 177.15 |
| Bondada Engineering | 359.85 |
| GTL Infrastructure | 1.26 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: