Education services firm Educomp Solutions has repaid all FCCB in full and currently has no outstanding FCCB, Shantanu Prakash, managing director, Educomp Solutions told CNBC-TV18.
Speaking to CNBC-TV18, Educomp MD and CEO Shantanu Prakash emphasized that the company is not in any kind of financial trouble and the stake sale of its arm and internal accruals will be enough to redeem the FCCBs.