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Jul 03, 2012, 03.04 PM IST
GTL Infrastructure considers restructuring its outstanding FCCBs in its July 03, 2012 board meeting.
GTL Infrastructure Ltd has informed BSE that the Board, at its meeting held on July 03, 2012 has considered a proposal to restructure its outstanding Foreign Currency Convertible Bonds (the "FCCBs") and have constituted a sub-committee to negotiate and finalise the terms for restructure of FCCBs. Any such decision of the sub-committee shall be subject to approval of Reserve Bank of India, CDR Lenders, shareholders, and such other regulating authorities as may be required.Source : BSE
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