SNAPS - Ispat promoters pledge entire stake with lenders
Ispat promoters pledge entire stake with lenders
In a second attempt to secure debt restructuring Ispat Industries Ltd’s
promoters Pramod and Vinod Mittal have pledged their entire 41% stake in the
company with lenders in an attempt to get rid of huge debt of about Rs80
billion, reports the Economic Times.
Pramod and Vinod Mittal are brothers of the world-famous steel magnate LN...
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