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Mcleod Russel Signs ₹2,483 Crore NARCL Master Restructuring Agreement


29 September 2026
Mcleod Russel India Ltd.

Signed Master Restructuring Agreement with NARCL (via IDRCL) and Aditya Khaitan for Rs.2,483.31cr debt, comprising Rs.1,050cr sustainable repayable by FY29 and Rs.1,433.31cr unsustainable, with monitoring committee, 10% equity allotment with anti-dilution, promoter pledge and nominee director right. Context: first MRA closure after prolonged resolution process.


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