Receives CDR approval letter confirming exit from CDR
Bodal Chemicals announced that the Company has received a letter dated 01 September 2015 from Corporate Debt Restructuring Cell confirming the approval of the exit of Bodal Chemicals from the CDR mechanism. The exit was discussed and approved in the CDR Empowered Group (EG) meeting held on 26 June 2015 and 30 July 2015.The Company had entered into the CDR mechanism in the month of December 2012.
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