Sat, Jun 24, 2017
Tata Teleservices has approached a lender consortium to work out debt restructuring and fresh loan request. The company’s request for debt restructure makes it the second telecom operator to seek this recast.
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Fri, Dec 02, 2016
It said, “The board has approved issuance of nearly 25.20 crore equity shares of HCC – which represents 24.44% of the expanded share capital of the company, along with optionally convertible debentures (OCDs) not exceeding Rs 2000 crore on preferential basis to the lenders.”
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