Propel Plastic Products Private Limited, a wholly owned subsidiary of Welspun Corp Limited (WCL), has discharged the consideration to the creditors of Sintex-BAPL Limited for an amount aggregating Rs 1,251 crore in the form of upfront cash in .
Propel Plastic Products Private Limited, a wholly owned subsidiary of Welspun Corp Limited (WCL), has discharged the consideration to the creditors of Sintex-BAPL Limited for an amount aggregating Rs 1,251 crore in the form of upfront cash in terms of the approved resolution plan.
Welspun Corp Ltd s consortium has announced that the resolution plan submitted by it in the corporate insolvency resolution process of Sintex-BAPL Limited has been approved by the Committee of Creditors.