Lenders invoke Strategic Debt Restructuring
Ankit Metal & Power announced that State Bank of India, the Leader of Consortium of Lenders has informed the Company on 17 December 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 16 December 2015.Powered by Capital Market - Live News