A2Z Maintenance & Engineering Services has executed the Master Restructuring Agreement (MRA) on March 27, 2014 as per CDR guidelines. The company had earlier 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.
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.