Corporate News     18-Apr-17
GTL Infrastructure provides update on SDR process
Indian Rupee denominated debt levels of GIL and CNIL at sustainable levels
GTL Infrastructure announced that the Company and Chennai Network Infrastructure have completed important milestones in their respective SDR processes. On 13 April 2017, the CDR lenders of GIL and CNIL, converted part of the outstanding debt into equity shares such that each set of CDR lender, holds 51% of the equity share capital (on fully diluted basis) of GIL and CNIL, respectively.

The Indian Rupee denominated debt levels of GIL and CNIL are now at sustainable levels. The respective details are as under -

GIL
Rupee Debt prior to conversion - Rs 3390.57 crore
Rupee Debt post conversion - Rs 1698.35 crore

CNIL
Rupee Debt prior to conversion - Rs 5162.89 crore
Rupee Debt post conversion - Rs 2353.93 crore

Previous News
  GTL Infrastructure Ltd Surges 4.81%, BSE Telecommunication index Gains 1.51%
 ( Hot Pursuit - 28-Jun-24   09:30 )
  GTL Infrastructure Ltd Surges 4.93%
 ( Hot Pursuit - 26-Jun-24   09:30 )
  GTL Infrastructure Ltd Surges 4.8%
 ( Hot Pursuit - 25-Jun-24   09:30 )
  GTL Infrastructure reports standalone net loss of Rs 214.72 crore in the March 2024 quarter
 ( Results - Announcements 14-May-24   16:39 )
  GTL Infrastructure to conduct board meeting
 ( Corporate News - 07-May-24   16:41 )
  Route Mobile Ltd Slips 3.48%
 ( Hot Pursuit - 07-May-24   09:30 )
  Indus Towers Ltd Surges 3.51%
 ( Hot Pursuit - 26-Feb-24   09:30 )
  GTL Infrastructure reports standalone net loss of Rs 194.61 crore in the December 2023 quarter
 ( Results - Announcements 08-Feb-24   17:26 )
  GTL Infrastructure Ltd Surges 4.67%
 ( Hot Pursuit - 06-Feb-24   09:30 )
  GTL Infrastructure announces board meeting date
 ( Corporate News - 02-Feb-24   16:37 )
  GTL Infrastructure Ltd Surges 2.94%
 ( Hot Pursuit - 02-Jan-24   09:30 )
Other Stories
  Board of Delhivery approves alteration in capital clause of MoA
  05-Jul-24   19:32
  J B Chemicals & Pharmaceuticals appoints director
  05-Jul-24   19:30
  Infosys announces resignation of senior management personnel
  05-Jul-24   19:22
  JLR Q1 FY25 retail sales up 9% on YoY basis
  05-Jul-24   19:08
  Bajaj Auto launches world's first CNG motorcycle 'Freedom'
  05-Jul-24   18:59
  Agenda for board meeting of Power Grid Corporation of India
  05-Jul-24   18:46
  Board of Bank of Baroda approves raising additional capital up to Rs 7,500 cr in FY25
  05-Jul-24   18:06
  Vipul to hold board meeting
  05-Jul-24   17:15
  Markobenz Ventures to convene board meeting
  05-Jul-24   17:15
  Dhanashree Electronics to declare Quarterly Result
  05-Jul-24   17:15
Back Top