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ARCIL Makes Decision to Sell SPIC

机译:ARCIL决定出售SPIC

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摘要

Chennai-Asset Reconstruction Co. of India (ARCIL) has instructed investment banking firm SSKI to identify potential buyers for Southern Petrochemical Industries Corp. (SPIC). SPIC, which has operations in four divisions including petrochemicals and fertilizers, as of March 2008 had debt totaling about Rs 2,567 crore, with ARCIL holding approximately 75% of that debt. In addition, SPIC will have to invest another Rs 300 crore to Rs 400 crore to convert its existing naphtha-fed production to gas-based as mandated by the Indian government.
机译:印度金奈资产重建公司(ARCIL)已指示投资银行公司SSKI确定南部石化工业公司(SPIC)的潜在买家。 SPIC的业务遍及石油化工和化肥四个部门,截至2008年3月,其债务总额约为257.6亿卢比,ARCIL持有该债务的约75%。此外,SPIC将不得不再投资30亿卢比至40亿卢比,以按照印度政府的要求将其现有的由石脑油喂养的生产转换为天然气生产。

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