Mcleod Russel India Ltd

McLeod Russel India Ltd. Reaches Debt Restructuring Agreement with NARCL 📋

• Accepted debt restructuring agreement with NARCL on April 9, 2026

• NARCL represents 75.02% of total lenders by value as of December 31, 2025

• Discussions ongoing with remaining 24.98% of lenders for restructuring or settlement

• Company must pay sustainable debt of ₹1,050 crores to NARCL by February 15, 2029

• NARCL to receive 10% new equity shares through conversion of unsustainable debt and pledge of promoter shareholding