{"id":392004,"date":"2020-12-29T08:44:54","date_gmt":"2020-12-29T03:14:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=392004"},"modified":"2020-12-29T09:35:37","modified_gmt":"2020-12-29T04:05:37","slug":"murugappa-group-signs-agreement-for-settling-cg-powers-dues-loan-recast","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/murugappa-group-signs-agreement-for-settling-cg-powers-dues-loan-recast\/","title":{"rendered":"Murugappa Group signs agreement for settling CG Power&#8217;s dues, loan recast"},"content":{"rendered":"<p>CG power&#8217;s promoter Murugappa Group has signed a definitive agreement for settlement of lender dues and restructuring. <\/p>\n<p>On November 21, TII informed the stock exchanges about the execution of requisite binding agreements, including Master Implementation-Cum-Compromise Settlement Agreement (Agreement) dated November 20, by CG Power, the Company and the lenders of CG Power, for one-time settlement and restructuring of funded facilities and guaranteed debt of CG Power. <\/p>\n<p>TII informed the BSE today that pursuant to the terms and conditions of the agreement, CG Power&#8217;s resolution of outstanding obligation towards its lenders, in accordance with the terms set out in Reserve Bank of India <\/p>\n","protected":false},"excerpt":{"rendered":"<p>CG power&#8217;s promoter Murugappa Group has signed a definitive agreement for settlement of lender dues and restructuring. On November 21, TII informed the stock exchanges about the execution of requisite binding agreements, including Master Implementation-Cum-Compromise Settlement Agreement (Agreement) dated November 20, by CG Power, the Company and the lenders of CG Power, for one-time settlement and restructuring of funded facilities and guaranteed debt of CG Power. TII informed the BSE today that pursuant to the terms and conditions of the agreement, CG Power&#8217;s resolution of outstanding obligation towards its lenders, in accordance with the terms set out in Reserve Bank [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-392004","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/392004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=392004"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/392004\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=392004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=392004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=392004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}