Gammon India informs about invocation of SDR by CDR lenders

24 Nov 2015 Evaluate

Gammon India has informed that the Corporate Debt Restructuring Empowered Group-(CDR EG) in its meeting held on November 23, 2015 has discussed and noted the invocation of Strategic Debt Restructuring (SDR) in the Company by the CDR Lenders, pursuant to RBI Circular dated June 08, 2015. The Company will keep the exchange posted on further developments in this regard.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 3649.50
Rail Vikas Nigam 429.80
NCC 285.25
KEC International 1209.60
Kalpataru Projects 1263.55
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