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Ginni Filaments applies for exit from CDR

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Capital Market

On 31 March 2016

Ginni Filaments announced that the Company has applied for Exit from Corporate Debt Restructuring (CDR) on 31 March 2016 after the payment of Recompense Amount to its lenders and also inform that the exit of the Company from CDR is around two years before the scheduled date of exit.

The above Exit would be considered by the CDR Empowered Group in due course of time.

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First Published: Mar 31 2016 | 6:05 PM IST

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