Ankit Metal & Power informs about business updates
Date: 17-12-2015Ankit Metal & Power has informed that State Bank of India, the Leader of Consortium of Lenders has informed the Company on December 17, 2015 that at the meeting of Joint Lenders Forum (JLF) held on December 16, 2015, the Lenders have invoked Strategic Debt Restructuring (SDR) in the Company and adopted the ‘Reference Date’ for the purpose as December 16, 2015.
The above information is a part of company’s filings submitted to BSE.