ALSO READPrakash Industries gains after receiving mining lease Prakash Industries standalone net profit rises 1533.71% in the September 2016 quarter Prakash Industries to hold board meeting Prakash Industries restructures term loan Prakash Industries to announce September quarter and half year results
Restructures REC term loanPrakash Industries announced that it was in discussion with Rural Electrification Corporation for restructuring of its term loan, which has now been restructured. With this, the total Rupee liability repayment has been aligned with the projected operational cash flow of the Company.
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