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A2Z Maintenance executes master restructuring agreement as per CDR guidelines

28 Mar 2014 Evaluate

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.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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