Shapoorji Pallonji Group (SP Group) is in talks with bondholders to defer a Rs 14,300-crore bond payment by two months. The company says foreign exchange swings and newly tightened hedging regulations are disrupting its funding and repayment timeline. SP Group is exploring alternate financing options while negotiating an extension, aiming to reach an agreement soon.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
