The Exchange had sought clarification from Binani Industries with respect to news article appearing in The Financial Express on July 22, 2015 titled ‘Lenders restructure Rs. 3000 crore loans of Binani Cement’. Binani Industries replied stating that they confirm that the restructuring of loans of BCL took place as early as in December 2014.
The above information is a part of company’s filings submitted to BSE.