Rs 3,860 crore cleared: Hyderabad’s Ramky Infrastructure Limited becomes debt-free
Ramky Infrastructure Limited, based in Hyderabad, has cleared its debts. The company repaid approximately 3,860 crore rupees. This marks the end of a decade-long financial restructuring. A restructuring exit agreement was signed with lenders on July 11. Earlier, a restructuring agreement was made on June 12. Term loans of 2,060 crore rupees were repaid by June 2019.
Ramky Infrastructure Limited, based in Hyderabad, has cleared its debts. The company repaid approximately 3,860 crore rupees. This marks the end of a decade-long financial restructuring. A restructuring exit agreement was signed with lenders on July 11. Earlier, a restructuring agreement was made on June 12. Term loans of 2,060 crore rupees were repaid by June 2019. What's Your Reaction?
