Rs 6k cr to 9k cr: KFA dues grew 50% in 5 yrs as assets became scrap

[ahlam1399]

Rs 6k cr to 9k cr: KFA dues grew 50% in 5 yrs as assets became scrap

The total debt was reduced to Rs 6,007 crore after banks converted Rs 1,400 crore of debt into equity by subscribing to shares at a 60% premium in April 2011.



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