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.
In an interview to CNBC-TV18 Shantanu Prakash, managing director Educomp Solutions said, the company‘s margins are under stress due to high interest cost and volatile currency movement.
Shantanu Prakash, managing director and chief executive officer of Educomp Solutions spoke to CNBC-TV18 about the third quarterly numbers for the company and the way ahead.
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.