You are here: Home » Companies » News
Business Standard

JLF to take Bajaj Hindusthan Sugar's loan account to S4A

Company says proposal for sale of its co-generation power business has been shelved

Reuters 

Bajaj Hindusthan Sugar today said that the Joint Lenders' Forum decided that company's loan account will be taken up for consideration under 'scheme for sustainable structuring of stressed assets' (S4A). Company says proposal for sale of its co-generation power business has been shelved. Company says bankers shall evaluate and formulate resolution plan as envisaged in scheme for implementation.

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, June 23 2017. 18:01 IST
RECOMMENDED FOR YOU