Oudh Sugar Mills gets exit from CDR mechanism

On 01 July 2016

Oudh Sugar Mills announced that the Corporate Debt Restructuring Cell (CDR) has vide its letter dated 01 July 2016, has conveyed to the Company about the decision taken at the CDR EG meeting held on 22 June 2016, which is as follows:

The proposal for exit of The Oudh Sugar Mills from CDR mechanism on account of realignment of the businesses under the Group, stand approved.

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