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Tag Archives: RDEL

Reliance Defence gets nod from CDR Empowered Group to exit CDR

Reliance Infrastructure (Rlnfra) controlled Reliance Defence and Engineering has received an approval from the CDR Empowered Group (CDR EG) for exiting from the (corporate debt restructuring) CDR scheme. As part of the Refinancing Scheme approved by the Lenders, the door-to-door tenure of RDEL’s term loans stands extended to 18 years. ... Read More »