B.L.Kashyap and Sons gets approval of CDR Empowered Group

On 31 December 2014

B.L.Kashyap and Sons announced that the proposal of the Company regarding the restructuring of it's Debt has been approved by the CDR Empowered Group of Corporate Debt Restructuring Cell and communicated vide its Provisional Letter of Approval dated 31 December 2014.

The Company is in the process of executing Master Restructuring Agreement (MRA) with the CDR lenders.

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