Rohit Ferro-Tech has considered and approved the restructuring of company’s Debts as per the Corporate Debt Restructuring Letter of Approval (CDR LOA) received pursuant to the restructuring package approved by the CDR Empowered Group (CDR EG) at its meeting dated March 24, 2014. The board of directors at its meeting held on March 29, 2014 has taken the note of it.
Rohit Ferro Tech (RFTL) had started its operations in October’03 with a Ferro Alloy plant comprising of Two 9 MVA Submerged Arc Furnaces to produce High Carbon Ferro Chrome at Bishnupur in the state of West Bengal.