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Outcome of board meeting of Rajshree Sugars & Chemicals

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Held on 24 March 2014

Rajshree Sugars & Chemicals has announced that the Debt Restructuring Package in respect of the Company was approved by the Empowered Group of Corporate Debt Restructuring Cell (CDR EG) at its meeting held on 14 March 2014.

The Board of Directors, at its meeting, held on 24 March 2014, have decided to accept the terms and conditions of the CDR Package and enter into the Master Restructuring Agreement within the stipulated period of 120 days.

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First Published: Mar 25 2014 | 1:06 PM IST

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