Altico says evaluating options after default1 min read 22 Sep 2019, 08:02 PM IST
NBFCs and HFCs have been stung by liquidity crisis after the collapse of behemoth IL& FS late last year
Altico said it needed time from stakeholders to craft a plan that might 'maximize asset value' and called on all stakeholders to 'refrain from actions that exacerbate the liquidity problem'
Altico Capital said on Sunday it was evaluating options to resolve its liquidity issues, following its recent default on an interest payment that was due earlier this month.
Select your Category