Brahmaputra Infrastructure has entered into a Master Restructuring Agreement (MRA) with its lenders, Indian Overseas Bank being a lead Bank. The company's lenders have agreed & approved the restructuring agreement and executed a Master Restructuring Agreement (MRA) at New Delhi.
The restructuring agreement is expected to improve the company's financial position and enable it to continue to grow its business. The implementation of restructuring package is expected to take effect from September 10, 2023. The company's board of directors has unanimously approved the restructuring agreement in the board meeting held on August 16, 2023.
Brahmaputra Infrastructure has established itself as service provider of builder’s developers. The company also in the business segment of real estate division, heavy civil construction division.
