iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Jain Irrigation Systems completes debt restructuring of Rs 3878 cr

6 Apr 2022 , 12:34 AM

Jain Irrigation Systems has successfully implemented the debt resolution effective 25 March 2022 The total amount of the debt restructured is Rs 3878 crore About 40Percentage of the total debt has been converted into long term non-convertible debentures at an interest rate of 001Percentage Out of the proposed infusion of equity by promoters along with investors Rs 267 crore 40Percentage has already been infused while the balance infusion is expected over the period of 18 months The lenders have been issued approximately 789 crore ordinary equity shares During the period the company also restructured overseas bonds of USD 200 million

Related Tags

  • Announcements
  • BSE
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.