Shares of Rolta India will remain in focus, as the company along with certain international subsidiaries (the group) has entered into an agreement to implement a revised restructuring of its $300 million 8.875 per cent senior notes due in 2019, and $200 million 10.75 per cent senior notes due in 2018 with an ad hoc committee of senior note holders. The group obtained the necessary funds and negotiated the second restructuring support agreement with the committee.
Published on July 17, 2018
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.