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Dharani Sugars & Chemicals seeks restructuring of bank loans

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Capital Market
Last Updated : Feb 02 2015 | 12:15 PM IST

Under CDR mechanism

Dharani Sugars & Chemicals announced that the Company has requested the Banks to re-structure the loans provided to the Company under CDR Mechanism. The Company expects to receive approval from individual Banks approving the re-structuring proposals. The Company has received such approvals from Indian Bank, The Federal Rank, Central Bank of India, IDBI Bank, Bank of India and Union Bank of India. Approvals from the other Banks are expected shortly.

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First Published: Feb 02 2015 | 10:46 AM IST

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