Southern Online Bio Technologies’ Board of Directors at its meeting held on June 05, 2013, have considered to approach the Corporate Debt Restructuring (CRD) mechanism for restructuring Company's account with the reference and support from Lead Banker i.e. Bank of India for the betterment of its business. As the entire consortium Banks in their last consortium meeting held on May 10, 2013 opinioned to refer Company's account to CDR for restructuring.
Southern Online Bio Technologies is an eco-friendly green field company. The company was the first private Internet Service Provider to offer internet connectivity across its length & breadth of Andhra Pradesh.
