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Jaihind Projects enters into Master Restructuring Agreement, Trust Retention Agreement

26 Apr 2013 Evaluate

Jaihind Projects has entered into Master Restructuring Agreement (MRA) and Trust Retention Agreement (TRA) on March 29, 2013, pursuant to the CDR Mechanism for implementation of terms and conditions stipulated in the Letter of Approval received from Corporate Debt Restructuring Empowered Group (CDR EG) on March 21, 2013 with the CDR Lenders led by IDBI Bank.

Jaihind Projects is engaged in engineering, procurement and construction (EPC) with a focus on the hydrocarbons, water & infrastructure sectors. Jaihind Projects is a public Listed Company with its shares listed on the Bombay Stock Exchange (BSE).

Peers
Company Name CMP
Larsen & Toubro 4162.20
Kalpataru Projects 1350.20
NCC 135.75
Rail Vikas Nigam 205.40
KEC International 340.25
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