Gayatri Projects at advanced stage of monetising Rs 900cr arbitration awards

"The government of India in November approved measures to fast-track the monetisation of... arbitration awards and hence GPL is now at an advanced stage of monetising its arbitration awards... the proceeds from the same would be used towards de-leveraging," the company said in a filing to BSE.

from Moneycontrol Business News https://ift.tt/39IQZEJ