April 3, 2018 / 12:19 PM / 21 days ago

BRIEF-Magnum Ventures Approves Sanction Granted By Alchemist Asset Reconstruction For Restructuring Proposal

April 3 (Reuters) - Magnum Ventures Ltd:

* APPROVES SANCTION GRANTED BY ALCHEMIST ASSET RECONSTRUCTION CO FOR RESTRUCTURING PROPOSAL

* RESTRUCTURING PROPOSAL FOR DEBT OF 2.66 BILLION RUPEES ASSIGNED TO ALCHEMIST ASSET RECONSTRUCTION BY ORIENTAL BANK, OTHERS Source text - bit.ly/2uJ7Arq Further company coverage:

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