SENSEX
NIFTY
GOLD
USD/INR

Weather

image 24    C

Economy News

The Economic Times

Economy / The Economic Times

details

Shapoorji Pallonji seeks bondholder nod for LTV relief on earlier NCDs

In light of recent geopolitical unrest, the Shapoorji Pallonji Group is reaching out to bondholders for consent to adjust a crucial loan-to-value covenant tied to its rupee notes. This strategic decision to elevate the LTV threshold for a short span of three months seeks to provide the group with much-needed breathing room amidst current market fluctuations.

30 Mar 2026 12:02 am