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Bharati Shipyard promoters to infuse Rs 118 cr for CDR

Last Updated: Sunday, June 03, 2012, 13:15

The promoters of country's second largest private ship-builder Bharati Shipyard have agreed to infuse Rs 118 crore fresh capital into the debt-laden company, as a precondition for its Rs 5,800-crore debt restructuring plan, sources said.