INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of GTL and its unit GTL Infrastructure ran into rough weather on Tuesday as Canara Bank filed for insolvency proceedings
against the two listed companies.
Shares of GTL fell 2.73 per cent to hit a low of Rs 5.71 on the BSE early today
GTL Infra shares, on the other hand, declined 5 per cent to Rs 1.35.
This will mark another battle for dues in a debt-laden industry.
In a
stakeholders, including other lenders and minority public shareholders, which is value erosive
end has come down to Rs 275.48 crore.
