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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 200 6 Turnaround Watch · EPC SEPC Ltd (₹6.54): From Stressed Asset to Strategic Platform Debt down from a peak of ₹907 crore to ₹351 crore. Two SAIL orders worth ₹1,527.89 crore landed inside eight weeks. A Dubai-headquartered promoter that bailed the company out of an RBI stressed-asset restructuring is now backing an ADNOC-linked entry into the Middle East. This is what a real turnaround looks like when you actually read the balance sheet instead of the ticker. 1 The Arc: From a ₹300 IPO to a Stressed Asset to a Rescue SEPC Ltd listed in February 2008 as Shriram EPC, priced at ₹300 a share, raising ₹150 crore under the Shriram Group — one of India's most recognised financial-services names, then led by T Shivaraman...
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Suzlon Energy Ltd, gets a Moratorium period of  2 (two) years on both Interest & Principal Payments
Suzlon Energy Ltd, world's 5th largest wind turbine producer,  received an approval for its debt restructuring package, from the lenders.
Sources said that lenders have approved Suzlon's INR 9600 crore worth corporate debt restructuring package.
Sources added that “As per the agreement, the company will repay USD 1 billion dues to lenders by March 2016."
Sources further added that the company will get a moratorium period of two years on both interest and principal payments. There will be no additional funding from banks, but lenders have decided that during this two year moratorium period, when the interest will be waived off, it will be converted into a term loan. This term loan will again be converted into equity over these two years.
So, around INR 1600 crore of loans will be converted into equity over that two year period. The promoters have also agreed to infuse INR 250 crore into the company, INR 125 crore in the first year and the next INR 125 crore in the second year.

Source: Moneycontrol.com (edited)

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