Published On:July 2 2014
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IVRCL CDR proposal gets nod.
IVRCL Ltd. informed the BSE that the Corporate Debt Restructuring Empowered Group (CDR EG), at its meeting held on June 28, had approved the CDR proposal submitted by the company.
The company's board, at its meeting held recently, had passed necessary resolutions for the implementation of the approved CDR scheme and also to obtain shareholders' approval for passing the necessary resolutions.
BS