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Anita Bhoir 08:16 PM | July 12,2009
Select banks will take on an additional Rs400 crore of so-called fund- and non-fund-based exposure to the company as a part of restructuring
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Saikat Chatterjee / Bloomberg 12:50 AM | July 10,2009
The company had a net debt of about Rs3,400 crore in the year ended 31 December and Rs380 crore in cash, it said on its website as of 31 March
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C.H. Unnikrishnan 12:56 AM | July 03,2009
The company’s liabilities due in 2009 add up to Rs1,441 crore, according to audit firm SR Batliboi
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PTI 07:28 PM | June 24,2009
According to a person familiar with the development, the plan to restructure company’s finances with the banks is in the final stages and is expected to complete by June end
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PTI 11:16 AM | April 14,2009
Subhiksha Trading Services managing director R Subramanian said we believe the restructuring will be agreed before end-April
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C.H. Unnikrishnan 10:18 PM | March 31,2009
Habil Khorakiwala to stay chairman, leaving managing director post for son Murtaza after shareholders’ approval
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Rasul Bailay 01:15 AM | February 18,2009
Subramanian wants a large chunk of the money to come from banks and the rest from investors, says a banker
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