Nagarjuna Fertilizers: Nagarjuna Fertilizers looking to sett

The proceeds will be used to settle loans of its new lender, Assets Care and Reconstruction Enterprises (ACRE), an asset reconstruction company. SSG-Ares backed ACRE acquired Nagarjuna Fertilizers' entire ₹1,500 crore debt from banks by paying ₹811 crore, as reported by ET on March 29.

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