BGR Energy signs ₹3,736 cr debt restructuring pact with NARCL
pre-market1 source ↓machine-written, see hownot a recommendation
- with NARCL
- ₹3,736 cr
- of sustainable debt
- ₹1,245 cr
- on a fully
- 20% equity
BGR Energy Systems has signed a debt restructuring agreement with NARCL for ₹3,736 cr. The deal includes ₹1,245 cr of sustainable debt to be repaid over four years, while NARCL will acquire 20% equity on a fully diluted basis. This restructuring aims to enhance BGR's financial stability amid ongoing challenges.
Not investment advice. For informational purposes only.