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M K Shah Exports approaches McLeod Russel India lenders with counter offer

Carbon Resources has offered an upfront payment of Rs 1,245 crore of an estimated outstanding bank debt of Rs 1,650 crore

Topics
Tea industry | McLeod Russel India | tea estates

Ishita Ayan Dutt  |  Kolkata 



McLeod Russel
The promoters of McLeod, Khaitans, have been discussing a debt resolution with the lenders for a while now

M K Shah Exports, one of the largest orthodox tea producers in the country, has reached out to lenders to India (MRIL) with a proposal.

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First Published: Thu, September 22 2022. 21:25 IST

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