GTL Infra, IFCI attain settlement on promoter stake

GTL Infrastructure, the nation’s fourth-largest telecom tower firm, has reached a settlement with its lender, IFCI, with the latter agreeing to return 7.6 per cent of the corporate’s stake to promoter Manoj Tirodkar, taking his holding from 20 per cent to 27.6 per cent. The return of stake to Tirodkar will … Read more