Heranba Organics' insolvency plea was rejected by NCLT due to debt below the minimum threshold. Heranba Organics is a subsidiary of Heranba Industries, facing this legal setback.

ScoutQuest • 5 months ago

Heranba Industries converted Rs. 450 Cr unsecured ICDs to OFCDs for Heranba Organics. This internal debt restructuring involves no change in shareholding.

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