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The Economic Times — Marketseconomictimes.indiatimes.com

India’s Shapoorji Pallonji Group seeks fresh bond extension as refinancing drags (opens original article in a new tab)

TL;DR

India's Shapoorji Pallonji Group is seeking extensions for debt repayments, including 143 billion rupees in zero-coupon bonds, as funding pressures persist.

  • India's Shapoorji Pallonji Group seeks bond extension for Goswami Infratech's 143 billion rupees debt
  • Group requests extension of debt condition at Porteast Investment to Sept. 30 from July 15
  • Tata Sons' valuation decline affects SP Group's collateral value due to Tata Consultancy Services' share price drop

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