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Outcome of board meeting of Brahmaputra Infrastructure

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Capital Market

Held on 15 May 2014

Brahmaputra Infrastructure announced that the Board of Directors of the Company at its meeting held on 15 May 2014, has considered, discussed and approved Corporate Debt Restructuring (CDR) under CDR Mechanism in terms of guidelines laid down by the Reserve Bank of India (RBI) in February 2014 and delegated the powers to Joint Managing Director to co-ordinate with the Consortium of Bankers for the same and to take all necessary actions as may be required from time to time.

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First Published: May 16 2014 | 1:51 PM IST

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