Stock Market LIVE Updates: Shapoorji group seeks more time to clear bondholder payments





Shapoorji Pallonji Group, an Indian real estate firm, has requested an extension to fulfill certain payment commitments to bondholders of its subsidiary, Goswami Infratech. This request was outlined in a letter obtained by Reuters on Monday. The obligation amounts to approximately 14 billion rupees ($167.62 million). It arises when the company services the debt of another affiliated entity, Sterling Investment Corp.


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