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Corporate Announcement
Scripcode : 500185    Company : Hindustan Const Send to friend View All
 
 Outcome of Board Meeting | 03/09/12 11:39 
 Hindustan Construction Company Ltd has informed BSE that as a consequence of certain unexpected developments, mainly delays in decision making by the Company's major clients and delays in settlement of claims, the expected cash flow has not materialized and consequently, the Board of Directors of the Company at its Meeting held on March 09, 2012 has decided to approach bankers through the CDR process for a re-alignment of the Company's debt. 

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