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Wockhardt plans to exit CDR in FY13

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BS Reporter Mumbai
Last Updated : Jan 24 2013 | 2:10 AM IST

Pharma major Wockhardt, which made a successful turnaround, plans to exit its corporate debt restructuring (CDR) programme by this financial year. The company, which approached the CDR cell to initiate the exit process, plans a pre-payment to clear its debts, said Habil Khorakiwala, chairman, Wockhardt, on the sidelines of the company’s annual general meeting.

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First Published: Sep 14 2012 | 12:30 AM IST

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