Telecanor Global Ltd updates on settlement agreement with Phoenix ARC

Telecanor Global Limited has been unable to meet the conditions stipulated in the settlement agreement entered into with Phoenix ARC for existing loan from Dhanlaxmi Bank. Consequently, the said settlement stands annulled, and the underlying loan remains in its original status as per the terms prior to the agreement.

Source : Equity Bulls

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TelecanorGlobal SettlementAgreement PhoenixARC DhanlaxmiBank