3I Infotech has pre-paid Rs 19.50 crore of its Principal Outstanding Debt. This amount represents 3 monthly installments of the Principal Amount which were due for repayment on October 31, November 30 and December 31, 2018 as per the terms of the Debt Realignment Scheme (DRS) approved by its Lenders. With this pre-payment, the company has now prepaid 9 months of Principal Debt to its Lenders.
3I Infotech is a global Information Technology company providing software products, IT services and Business Process Outsourcing for a variety of industry verticals including Insurance, Banking, Capital Markets, Mutual Funds & Asset Management etc. These solutions and services include Managed IT Services, Application Software Development & Maintenance, Payment solutions, Business Intelligence etc.
