Era Infra Engineering receives LOA for its debt restructuring

31 Mar 2014 Evaluate

Era Infra Engineering has received a letter of approval (LOA) from CDR-EG regarding restructuring of its debt under CDR mechanism. The company is in the process of executing master restructuring agreement (MRA) with the CDR lenders.

Era Infra Engineering, incorporated in September 1990, is the flagship company of the Era Group. The company is a growing construction company with a pan-India presence and has experience in various kinds of construction projects such as power, housing, road, industrial and aviation.

Peers
Company Name CMP
Larsen & Toubro 3774.10
Rail Vikas Nigam 252.95
KEC International 694.00
Kalpataru Projects 1075.45
NCC 232.40
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