Impex Ferro to go for debt recast

Our Bureau Updated - September 13, 2014 at 10:10 AM.

Impex Ferro Tech said that its board has decided to go in for restructuring of its debt through corporate debt restructuring process.

The decision was consequent to the losses incurred by the company since Q2 FY14 due to increase in input cost, high finance cost and cash flow constraints, Impex Ferro said in a filing to the stock exchange.

Published on September 13, 2014 04:33