Dalmia Group submits revised debt resolution plan for Birla Tyres

A person familiar with the new plan told ET that group companies of Dalmia Bharat have offered to repay about ₹300 crore of the outstanding loans of Birla Tyres. This is said to be three times their original offer to creditors. Birla Tyres competes in the commercial vehicle and two-wheeler tyres segments.

from Auto-Industry-Economic Times https://ift.tt/yLuSszF