Reduces debt amounting to Rs 45 crore by December 2016
Sundaram Multi Pap has reduced its debt to the extent of Rs 45 crore by December 2016. The Company had opted for debt restructuring in September 2014. The Company has being able to reduced its financial obligation as a result of liquidation of non-core assets located at Palghar and Mumbai and raising funds from Qualified Institutional Buyers.Powered by Capital Market - Live News
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