Shree Renuka Sugars Ltd (SRES.NS)
Tue, Nov 21 2017
* Approved partial modification of terms relating to issuance of securities as part of debt restructuring exercise Source text - http://bit.ly/2zTj78P Further company coverage:
* To consider issuance of equity shares/securities/instruments pursuant to debt restructuring exercise
* Sept quarter loss 1.61 billion rupees versus profit of 29 million rupees last year
RIBEIRAO PRETO, Oct 17 Renuka do Brasil, a subsidiary of India's sugar maker Shree Renuka Sugars Ltd , has fired around 900 people from its two cane mills in Brazil and returned to owners most of the land it used to lease to plant cane, three sources close to the situation told Reuters on Tuesday.
SAO PAULO, Sept 4 A Brazilian court has suspended the judicial auction of a sugar mill owned by India's Shree Renuka Sugars Ltd scheduled for Monday, after a request from state bank BNDES, the bank said in a statement.
SAO PAULO, Sept 4 A Brazilian court has suspended the judicial auction of a sugar mill owned by India's Shree Renuka Sugars Ltd scheduled for Monday, after a request from state bank BNDES, a source with direct knowledge of the process told Reuters on Monday.
SAO PAULO, Aug 24 Brazil's Raízen Energia SA is interested in bidding for an ethanol mill owned by the Brazilian subsidiary of India's sugar producer Shree Renuka Sugars Ltd , which will be auctioned in early September, two sources with knowledge of the matter said.
* Says board approverd terms of proposed debt restructuring package to be submitted to joint lenders forum Source text - http://bit.ly/2u4BFMs Further company coverage:
* Says to consider fund raising, in one or more tranches Source text - http://bit.ly/2vADUsM Further company coverage: