Plans to undertake restructuring of outstanding FCCBs
Moser Baer (India) announced that the Company has initiated the process through the trustee seeking information from the FCCB holders regarding their holding and/or other information, to undertake discussions for restructuring the outstanding FCCBs in due course. The restructuring will be subject to necessary approvals from FCCB holders/Regulatory Authorities/ CDR Lenders of the Company/ Board of Directors/Shareholders/others as may be applicable.Powered by Capital Market - Live News