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videos | IST

Repaid all debt obligations as on date without any delay, says Srei Infra

Srei Infrastructure has repaid all debt obligations as on date without any delay and the company has been timely meeting its liability commitments to banks, said Sunil Kanoria, vice chairman.
"There has been some apparent wrong information going out in the market and to re-inform to all our stakeholders that our business is strong," Kanoria said.
"We have gone through many challenges in the past and because of our prudent risk management we have managed our situation fairly well," he said.
On Srei Equipment Finance IPO, Kanoria said the markets are good and when they go to the market, it would need to have investors, with this sentiment the company cannot immediately come out with an IPO.