Goswami Infratech plans to prepay part of its debt
In a strategic financial maneuver, Goswami Infratech is set to clear 562 crore of its debentures, reflecting the Shapoorji Pallonji Group's commitment to alleviate burdensome high-interest debt. Additionally, the conglomerate is gearing up for a substantial refinancing initiative aimed at revamping a $1.7 billion funding structure, with an ambitious $2.6 billion capital raise slated for early next year.