Debenture trustee seeks waiver on bond terms for Shapoorji Pallonji's Afcons proposed IPO

Goswami Infratech Pvt Ltd (GIPL) raised Rs 14500 crore in bonds in June last year, and one of the covenants of the bond was that the yields on the bonds would increase by 2% if the company failed to monetise Afcons before June 2024.

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