A2Z Maintenance & Engineering Services has received an approval whereby the board has accepted the Letter of Approval (LOA) dated December 28, 2013, issued by Corporate Debt Restructuring Empowered Group (CDR EG) approving the Corporate Debt Restructuring proposal submitted by the company.
The CDR EG approved the CDR proposal at its meeting held on December 24, 2013. The letter of approval is ‘Provisional’ subject to confirmation of minutes of the ensuing CDR EG Meeting.
A2ZMaintenance & Engineering Services engaged in providing services to the power transmission and distribution sector with a focus primarily on the distribution segment. The company is diversifying this business to provide EPC services to power generation companies and companies in other sectors, including road and telecommunications.
