Cdr Package

Suzlon implements USD 1.8 billion debt recast plan

Wind turbine maker Suzlon on Tuesday said it has implemented the USD 1.8 billion (Rs 9,500 crore) debt restructuring package that includes preferential allotment of shares to its lenders.

Suzlon up 5% on lenders approval for CDR

Debt-laden Suzlon Energy, world's fifth largest wind turbine supplier, gained 5 percent in early trade on Friday after the empowered group of Corporate Debt Restructuring (CDR) Cell has given formal approval to its proposal to restructure domestic debt.

3i Infotech allots 2.15 crore shares; stock gains 5%

3i Infotech has allotted 2.15 crore shares at Rs 19.74 per share under CDR package on a preferential basis to various banks, reports CNBC-TV18. At 09:19 hrs 3i Infotech was quoting at Rs 7.89, up Rs 0.37, or 4.92%.

Bharati Shipyard lenders approve CDR package; stk flat

Bharati Shipyard lenders have approved the CDR package, reports CNBC-TV18.

Bankers fear to not execute MFI's CDR package by month-end

Time seems to be running out for bankers to complete the CDR package of microfinance companies. Some bankers fear that MFI loans could become bad loans or non-performing assets (NPAs) if the restructuring is not implemented by end of this month, reports CNBC-TV18’s Gopika Gopakumar.

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.