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Unity Infraprojects executes Master Restructuring Agreement with CDR lenders

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Capital Market
Last Updated : Dec 31 2014 | 8:38 PM IST

On 30 December 2014

Unity Infraprojects announced that:

1. The CDR EG has approved Corporate Debt Restructuring (CDR) Scheme of the Company at its meeting held on 16 December 2014 and communication in that regard was made available to the Company on 26 December 2014 by CDR Cell.

2. Pursuant to the Board Resolution dated 23 March 2014, the Executive Committee of the Board accepted the Corporate Debt Restructuring (CDR) Scheme and pursuant to the terms and conditions of the said Scheme Master Restructuring Agreement dated 30 December 2014 executed by the Company with the CDR Lenders.

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First Published: Dec 31 2014 | 6:06 PM IST

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