Impex Ferro Tech has received board’s approval whereby they have considered it appropriate to proceed for restructuring of its debts through Corporate Debt Restructuring (CDR) process.
This step has been taken considering the losses incurred by the company since the Quarter ended September, 2013 due to increase in the cost of inputs, high finance costs and cash flow constraints.
Impex Ferro Tech is one of the leading manufacturer, trader and marketer of Ferro Alloys, Sponge Iron and Iron & Steel related products.
