- The A2Z Infra Engineering's board has approved issuance of up to 8 cr equity shares to its lenders as part of one-time settlement scheme(s), envisaged to be entered into between the company and its lending banks.
- The said issuance of shares to banks shall address approximately Rs 850 cr of the company's debt which represents 74%of the company's total debt.
- It has also approved one time settlement with SICOM, a lender of the company.
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