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3i Infotech signs Master Restructuring Agreement with lenders

30 Mar 2012 Evaluate

3i Infotech has signed a Master Restructuring Agreement (MRA) with the lenders. The company has signed this agreement pursuant to the approval granted by the Corporate Debt Restructuring Committee (CDR Committee) constituted by the board of directors of the company for implementation of CDR package. 

3i Infotech provides software products and IT services for the Banking, Financial Services and Insurance (BFSI); Manufacturing, Retail and Distribution and Government verticals. It has introduced various IT products like PREMIA, KASTLE, AMLOCK, Tradis, MFund, C-matis, Xroadz, DataFlo, Quantis, Telesto, DataScan.online and CRx.

Peers
Company Name CMP
TCS 2101.00
Infosys 1050.15
HCL Technologies 1238.00
Wipro 166.00
Tech Mahindra 1530.70
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