India: Monnet Ispat may issue equity to lenders under debt rejig plan

India: Monnet Ispat may issue equity to lenders under debt rejig plan

Sandeep Jajodia, Exec. Vice Chairman & MD, Monnet Group

Monnet Ispat and Energy Ltd looks to issue equity to lenders through conversion of loans under the strategic debt restructuring (SDR) scheme, the company said in an statement on Thursday.

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