Shapoorji Pallonji Group is seeking more time to repay Rs 143 billion bonds as refinancing delays persist. Debt backed by its Tata Sons stake faces pressure amid falling valuations. Ongoing lender negotiations and liquidity stress raise concerns over near-term repayments and the group’s broader funding strategy.
The Shapoorji Pallonji Group is requesting additional time to repay Rs 143 billion in bonds due to persistent refinancing delays. The debt, which is backed by the group's stake in Tata Sons, is under increased pressure amid declining valuations. Ongoing negotiations with lenders…
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