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Panacea Biotec gets CDR EG approval for Corporate Debt Restructuring proposal

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Capital Market

On 24 Septmeber 2014

Panacea Biotec announced that the Corporate Debt Restructuring Empowered Group (CDR EG) had in its meeting held on 09 September 2014, approved the Company's Corporate Debt Restructuring (CDR) proposal which was referred to CDR Cell on 21 December 2013 and admitted by CDR EG on 24 January 2014 and the LOA dated 24 September 2014 had been issued by CDR EG in this regard.

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First Published: Sep 29 2014 | 11:25 AM IST

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