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Ramky Infra gains on revision of restructuring scheme under JLF
Source: IRIS | 16 Jun, 2015, 02.44PM
Rating: NAN / 5 stars.
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Ramky Infrastructure, an integrated construction and infrastructure development company in India, witnessed a rise in share price on Tuesday after the company executed the restructuring documents on Jun. 12, 2015 with six lenders comprising State Bank of India, State Bank of Hyderabad, Punjab National Bank, IDBI Bank, ICICI Bank and Axis Bank.

The other 3 lenders of the Joint Lenders forum, Yes Bank, Kotak Mahindra Bank and Standard Chartered Bank did not participate to the restructure agreement.

Shares of the company are trading at Rs 29.75, up Rs 0.4, or 1.36% at the Bombay Stock Exchange (BSE) on Tuesday at 2:31 p.m.

The scrip has touched an intra-day high of Rs 30.75 and low of Rs 29.30. The total volume of shares traded at the BSE is 7,146.

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