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Promoters to infuse Rs 40cr, stake sale talks on: Koutons

Koutons Retail India in the midst of a debt restructuring package. The chairman of the company DPS Kohli, in an interview on CNBC-TV18 said that the company's current debt levels are at Rs 650 crore. As for the CDR package, he said the proposal has received complete support from the banks.

April 21, 2011 / 14:11 IST
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Koutons Retail India in the midst of a debt restructuring package. The company is close to liquidating assets worth Rs 100 crore, which will help to revoke pledged shares, reported CNBC-TV18 on April 19, quoting sources.

The chairman of the company DPS Kohli, in an interview on CNBC-TV18 said that the company

TAGS: #Business #CDR package #Corporate Debt Restructuring #debt restructuring package #DPS Kohli #Koutons Retail India #Pantaloons #working capital term loan
first published: Apr 21, 2011 12:37 pm

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