SP Group Faces ₹3,500 Crore Repayment Deadline In September Amid Tata Sons-Backed Debt Pressure
The Shapoorji Pallonji (SP) Group is facing another major debt repayment deadline, with around ₹3,500 crore due by the end of September, according to a report by Moneycontrol citing people familiar with the matter. Failure to make the payment could potentially be treated by lenders as an event of default. The obligation relates to an earlier financing arrangement and was expected to be settled…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
