Corporate News 10-Dec-14
Board of MSP Steel & Power decide to opt for debt restructuring
At meeting held on 10 December 2014
MSP Steel & Power announced that the Board of Directors of the Company at its meeting held on 10 December 2014, inter alia, discussed and approved that due to adverse market conditions - poor demand coupled with scarcity of raw materials, which has impacted the Company's business, the Board of Directors has decided to opt for debt restructuring and the same has also been decided by the lenders of the Company in its Joint Lenders Forum (JLF) meeting as Corrective Action Plan (CAP). Further the Board has decided that the Company will approach all its lenders for the same.
Previous News
MSP Steel & Power reports consolidated net profit of Rs 6.78 crore in the June 2024 quarter
( Results - Announcements 16-Aug-24 07:31 )
MSP Steel & Power consolidated net profit rises 28.51% in the March 2022 quarter
( Results - Announcements 31-May-22 15:13 )
MSP Steel & Power reports consolidated net profit of Rs 11.40 crore in the March 2021 quarter
( Results - Announcements 12-Jun-21 08:10 )
MSP Steel & Power reports standalone net loss of Rs 32.35 crore in the March 2019 quarter
( Results - Announcements 04-Jun-19 14:14 )
MSP Steel & Power AGM scheduled
( Corporate News - 29-Aug-23 17:27 )
MSP Steel & Power Ltd leads gainers in 'B' group
( Hot Pursuit - 18-Feb-22 12:16 )
MSP Steel & Power to hold board meeting
( Corporate News - 07-Aug-23 14:08 )
MSP Steel & Power to hold board meeting
( Corporate News - 06-Aug-22 11:37 )
MSP Steel & Power reports standalone net loss of Rs 10.28 crore in the March 2018 quarter
( Results - Announcements 06-Jun-18 18:23 )
MSP Steel & Power reports standalone net profit of Rs 8.73 crore in the June 2021 quarter
( Results - Announcements 13-Aug-21 08:07 )
MSP Steel & Power net profit rises 178.53% in the March 2014 quarter
( Results - Announcements 03-Jun-14 09:58 )
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