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Working on plan for debt resolution: McLeod Russel MD
Business Standard
|September 27, 2025
With National Asset Reconstruction Company Limited (NARCL) taking over the bulk of its debt, tea producer McLeod Russel India is working on a resolution plan that could pave the way for restructuring and turnaround.
Responding to shareholder queries at the company's annual general meeting (AGM) on Friday, McLeod Russel Chairman and Managing Director Aditya Khaitan said the company was fortunate NARCL was able to take over the debt from the majority of the banks.
Diese Geschichte stammt aus der September 27, 2025-Ausgabe von Business Standard.
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