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Jyoti update on debt restructuring

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Capital Market
Last Updated : Apr 30 2018 | 7:50 PM IST
Jyoti announced that Rare Asset Reconstruction has acquired the debt of Dena Bank.

The company is in discussion with RARE ARC for restructuring / resolution of the debt and have submitted restructuring proposal involving repayment of the debt over a period of time and conversion of part of the debt into equity share capital.

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First Published: Apr 30 2018 | 7:22 PM IST

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