Hanung Toys & Textiles has initiated discussions with its lenders to restructure its debts through Corporate Debt Restructuring (CDR) Mechanism and accordingly have filled a Flash Report with CDR Cell, Mumbai, on July 30, 2013. The restructuring of debts will result improvement in the liquidity of the company, reduction in finance cost and strengthen the core operations of the company.
Hanung Toys & Textiles has the distinction of being the leading manufacturer and exporter of Soft Toys and one of the leading manufacturers and exporters of Home Furnishings.