Goswami Infra

Goswami Infra seeks waivers related to Afcons IPO

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Goswami Infra seeks waivers related to Afcons IPO

Mumbai: Shapoorji Pallonji group company Goswami Infratech has requested bondholders’ consent for time extensions and waivers related to the upcoming initial public offering (IPO) of group firm Afcons Infrastructure. In a communication to bondholders, Goswami Infratech has assured bondholders of ₹14,300-crore NCDs (non-convertible debentures) that it is not seeking a waiver on pricing conditions, but … Read more

SP Group arm Goswami Infra sweetens bond deal

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SP Group arm Goswami Infra sweetens bond deal

Mumbai: The Shapoorji Pallonji Group (SP Group) is offering ₹400 crore more to the bondholders of group company Goswami Infratech, in exchange for their consent to extend the deadline to meet certain covenants on ₹14,300 crore of borrowings. The company, which has to pay ₹1,400 crore in interest this month, has sought a four-month window … Read more