Business Update11 Dec 2023, 02:40 pm
Sterling and Wilson Renewable Energy Ltd's Resolution Plan Approved by Lenders
AI Summary
The company has announced that all lenders have approved the resolution plan proposed by the company, as intimated by Union Bank of India (the lead banker to the consortium). The resolution plan was filed by the company on November 24, 2023.,
Key Highlights
- Resolution plan approved by all lenders
- Union Bank of India (UBT) acted as lead banker to the consortium
- Company filed resolution plan on November 24, 2023