Ramky Infrastructure submits CAP for restructuring its debt

15 Dec 2014
Ramky Infrastructure has submitted CAP to State Bank of India (SBI), the lead member of the consortium banks. The Joint Lenders Forum (JLF) of consortium banks in order to arrive at an early and feasible solution and preserve the economic value of the underlying assets as well as the lenders’ loans has advised the company for restructuring under JLF as the Corrective Action Plan (CAP). The JLF will finalize the restructuring package.

Ramky Infrastructure is the flagship company of the Ramky Group, one of the leading civil and infrastructure engineering companies in India.

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