A closely held Shapoorji Pallonji group entity, Goswami Infratech (GIPL), has sought a three-month extension from its bondholders, which include the likes of Cerberus, Deutsche Bank, and Davidson Kempner, for payment of coupon on Rs 14,300 crore of high-yield bonds until end of this year, two banking industry sources told ET.
Open FlipAster DM Healthcare clarifies that it is not in advanced merger talks with Blackstone-backed Care Hospitals, stating that while it explores strategic opportunities, no material events require disclosure under SEBI regulations, and any significant developments will be communicated through appropriate channels.
Open FlipMacrotech Developers shares are in focus after the company signed an agreement to acquire Ivanhoe Warehousing India's interest in three digital infrastructure entities for Rs 239.56 crore, increasing its stake in the entities to 70%, 66.67%, and 66.67%, respectively, as part of its strategy for calibrated growth in digital infrastructure.
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