SNG advises SBI-led consortium funding of 13,000 crore to Punj Lloyd

Bar & Bench August 13 2015

SNG & Partners has advised SBI-led consortium of 25 term lenders and 23 working capital lenders of Punj Lloyd Limited to implement corrective action plan in accordance with the provisions contained in the RBI guidelines.

The SNG team was led by Partner Amit Aggarwal along with Principal Associate Amit R Charan and Associates Shrey Agarwal and Gayatri Gopinath.

The correctice action plan involves financial assistance to Punj Lloyd to the tune of Rs.13,202.76 crores comprising of Rs . . .

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