Shapoorji Pallonji group will offer six times the loan value as security to Power Finance Corporation, leveraging real estate assets and Tata Sons shares to ensure full repayment over the loan term, according to a statement by Venkatesh A, director of the group promoters office. The company clarified the security arrangement following media reports questioning its adequacy, stating that the loan proposal was formally approved by the PFC board on 14 June Read The Rest at :
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