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Diamond Power Lenders have approved Rs 1,200 cr infusion under SDR

The lenders of Diamond Power Infrastructure have provided their approval to a proposal from CKP Group to infuse Rs 1,200 crore under Strategic Debt Restructuring (SDR) scheme.

Diamond Power Infrastructure has said in a BSE filing that “The company would like to inform its shareholders that lenders in their meeting in-principally agreed, subject to approvals of various authorities, towards the proposal received from CKP Group to infuse Rs 1,200 crore under SDR scheme.”

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