SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GTL issues NCDs worth Rs 1,400 crore to its lenders

17 Aug 2012 Evaluate

Telecom infrastructure services firm, GTL has issued non-convertible debentures (NCDs) worth Rs 1,400 crore to its lenders as part of a corporate debt restructuring package. The company in a filing to the BSE has informed that it has issued 14,000 rated, redeemable NCDs each with face value of Rs 10 lakh -- aggregating to Rs 1,400 crore.

The company currently owes the debenture holders an amount of over Rs 20.22 crore as interest which has accrued in relation to the NCDs upto July 1, 2011 (Unpaid interest).

The company said that the principal amount of Rs 1,400 crore and unpaid interest amount of Rs 20.22 crore aggregating Rs 1,422 crore have been aggregated as the obligation of the company under the NCDs, which are proposed to be restructured by the company.

GTL is engaged in providing network-related solutions to various telecom service providers and technology providers (OEMs), globally. The company provides network-related solutions to the telecom carriers through its Network Services Division (NSD) covering the entire network life cycle, i.e., from network planning and designing, rollout of network and application management and operations & maintenance.

GTL Share Price

8.15 -0.05 (-0.61%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1908.60
Vodafone Idea 14.92
Indus Towers 410.95
Tata Communications 1991.10
Bharti Hexacom Ltd. 1494.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: