Stressed Assets have in recent years increased substantially and banks have triggered legal options including invoking provisions of Sarfaesi Act 2002 ,DRT and NCLT.

Our expertise lies in suggesting ways & means to revive a company and save the capital invested by promoters and banks (capital is scarce in a developing country like India), evolve a plan to re-establish the viability and help the ailing company achieve a turnaround if the business potential is positive, market outlook is good, company has the infrastructure to scale up operations and promotes are able to re-invest in the project along with banks.

Debt Restructuring For Stressed Account

• Thorough evaluation of the business plan and revenue model
• Establish the critical reasons for failure of a business
• Measures to address the various factors like restarting plant / increasing scale of operations, assessing working capital to manage the business, clearance of statutory dues, improve product costing, etc
• Assessment of defaults to banks/ others and prepare a plan to arrive at the sustainable debt levels
• Innovative debt restructuring scheme (our strength) where the company will be able to achieve a turnaround in the interest of all the stake holders
• Workings for Banks who have invested by way of loans should be able to mitigate their sacrifices/ loss on successful implementation of the revival scheme
• Process which ensures that the revival scheme is in compliance with norms set by Reserve Bank of India as also the scheme of the lending bank/s

Some of the Restructuring Transactions handled:

• Electrica Engineers P Ltd
• Garuda Group of Companies
• GSFC - Fertilisers (Rs.1400 Cr)
• GACL – Chlor Alkali (Rs.400 Cr)
• Searchchem (now merged with UPL) – Chlor Alkali (Rs.140 Cr)
• ITC Bhadrachalam (now merged with ITC) -- Paper Boards (Rs.200 Cr)
• RayalseemaAlkalies (Chlor alkali) (Rs.130 cr)
• Ganpati Sugars(sugar) (Rs.60 cr)
• Vijayjyot Seats (auto ancillary) (Rs.35 Cr)
• Techni BharthiPvt.Ltd (Infrastructure) (Rs.20 Cr)
• Bhagiratha Engineering (Infrastrucure) (Rs.100 Cr)
• IMP Power (OTS) (Rs.10 Cr)
• Vanity Jewels (OTS) (Rs.10 Cr)
• GIPCL (Transaction structuring)(Rs.200 Cr)
• Shivshakti Grains (Rs.25 Cr)

Sample Restructuring assignments handled:

• Textrade International (Rs.225 Cr)