Friday, July 25, 2008

Remi Metals Gujarat Ltd

Remi Metals Gujarat Ltd has informed that the Company had submitted a Rehabilitation Scheme for its One-time settlement of all secured term loan and capex requirement to Board of Industrial And Financial Reconstruction through the monitoring Agency IDBI after having in-principle approval of Corporate Debt Restructuring Cell. The hearing of BIFR for considering the Scheme is fixed on July 24, 2008.

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