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Impex Ferro Tech to restructure credit facilities

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Capital Market
Last Updated : Sep 13 2014 | 1:31 PM IST

Due to losses since Quarter ended September 2013

Impex Ferro Tech announced that, considering the losses incurred by the Company since the Quarter ended September, 2013 due to increase in the cost of inputs, high finance costs and cash flow constraints, the Board of Directors of the Company have considered it appropriate to proceed for restructuring of its debts through Corporate Debt Restructuring Process.

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First Published: Sep 13 2014 | 12:46 PM IST

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