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Aluminum Gains As Record-Low Overseas Stocks And China Supply Risks Lend Support

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Aluminum Gains As Record-Low Overseas Stocks And China Supply Risks Lend Support
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SP Group secures Rs 21,500 crore to refinance debt

Shapoorji Pallonji Group secured significant funding through debt issuance. This refinancing effort attracted both domestic and global institutional investors. The company raised approximately Rs 21,500 crore in its initial funding tranche. Investors showed strong interest, with many participating for the first time. This move is part of a larger plan to replace higher cost debt.