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Surana Industries' corporate debt restructuring scheme approved

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Capital Market

In board meeting held on 21 March 2014

Surana Industries has announced that the Board of Directors of the Company at its meeting held on 21 March 2014 has accepted the final letter of approval (LOA) dated 13 March 2013, issued by Corporate Debt Restructuring Empowered Group (CDR EG) approving the corporate debt restructuring proposal submitted by the Company.

The Board of Directors of the Company passed necessary resolutions for the implementation of the approved corporate debt restructuring scheme.

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First Published: Mar 21 2014 | 4:26 PM IST

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