Tag «Corporate Debt Restructuring Cell (CDR)»

Lenders approve Gujarat NRE Coke Ltd’s CDR proposal

Kolkata, 25th March 2014: Gujarat NRE Coke Ltd (GNCL) has received the formal approval for the restructuring of the debts, from the Empowered Group of Corporate Debt Restructuring Cell (CDR). The salient features include: Debt restructured for 10 year door – to  – door, with two year moratorium and ballooning repayment Funding of interest for …