India: Uttam Galva Steels hires SBI Caps to look for new investor prior to debt recast

India: Uttam Galva Steels hires SBI Caps to look for new investor prior to debt recast

Debt-laden Uttam Galva Steels Ltd has hired SBI Caps, the investment banking arm of State Bank of India, to fetch an investor after its lenders insisted on fresh investment before a debt recast, a top company executive said.

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