Centrum-backed steel firm ropes in foreign investor to buy out debt purchasers

By Beena Parmar

  • 22 Apr 2020
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Credit: Reuters

A steel firm backed by Centrum Group’s microlender Altura and Anand Rathi Group’s NBFC arm has roped in a foreign investor to buy out those that had purchased its debt, persons in the know told VCCircle. Early last year, Edelweiss Asset Reconstruction Company (ARC), Phoenix ARC and Punjab National Bank had ......

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