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GTL Infrastructure Resolves Dispute with Canara Bank, NCLT Dismisses Petition

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GTL Infrastructure Resolves Dispute with Canara Bank, NCLT Dismisses Petition

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GTL Infrastructure Ltd ( (IN:GTLINFRA) ) has provided an announcement.

GTL Infrastructure Limited announced that the National Company Law Tribunal (NCLT) in Mumbai has dismissed a petition filed by Canara Bank following the company’s settlement of all dues and disputes with the bank. This development indicates a resolution of financial obligations with Canara Bank, with no expected financial implications or further actions required by GTL Infrastructure, thereby stabilizing its operational standing.

More about GTL Infrastructure Ltd

GTL Infrastructure Limited operates in the infrastructure sector, focusing on providing telecom tower infrastructure services. The company is involved in the development and management of telecom towers, primarily catering to mobile network operators in India.

Average Trading Volume: 6,045,827

Technical Sentiment Signal: Sell

Current Market Cap: 16.53B INR

See more data about GTLINFRA stock on TipRanks’ Stock Analysis page.

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