Even as lenders are certain that Hindustan Construction Company (HCC) will have no option but to restructure its debt, the company is yet to take a final call. The company and lenders failed to come to a conclusion at the meeting held today, reports CNBC-TV18 quoting sources.
According to lenders, HCC's board will meet on Wednesday to take a final call on restructuring around Rs 6500 crore of debt, which includes Rs 3700 crore each of secured and unsecured loans.
Shares of HCC fell over 4% on Friday.
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