SP Group Proposes Rs 400 Cr Extra Payout to Bondholders, Seeks Deferred Payment Approval
The Shapoorji Pallonji group has proposed an improved deal for the bondholders of Goswami Infratech by agreeing to pay an additional Rs 400 crore, increasing the total payout to Rs 1,800 crore. In exchange, the group is seeking the bondholders’ approval to postpone the coupon payment on the debt from the original repayment date of…