The National Asset Reconstruction Co (NARCL) has proposed Rs 474 crore to take over the Rs 9,150 crore debt of Gayatri Projects. Banks are negotiating with the promoters for an all-cash settlement, seeking quick repayment. NARCL’s offer presents a cleaner option compared to dealing with promoter issues. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
