Surana Industries has decided to explore all options and initiate discussions with the company’s lenders for realigning its debts. The company has taken this step after reviewing the current financial position. The board of director at its meeting held on August 27, 2013 has approved for the same.
Surana Industries is one of the major TMT (thermo mechanically treated) bars manufacturer located in Chennai and sourced Eurotherm DEL India Limited to modernize their plant located at Gummidipoondi around 45KM from Chennai.
