Turnaround Advisory

Sick Industries Revival & Restructuring

Navigating debt distress, negotiating bank settlements (OTS), and engineering sustainable corporate turnarounds.

Sick Industries Revival & Restructuring

We provide specialized advisory solutions to Sick Industries to help them tide over the bad times. Depending on the requirements of the firm, we negotiate on behalf of our clients with their Bankers for One Time Settlement (OTS), Restructuring or revival packages, and buying more time to comply with directives of the Banks. We also try to provide our clients with maximum relief against coercive action by regulatory bodies. We help Sick firms in raising fresh capital from Banks and chart out a fresh path for their revival.

1

Financial Restructuring

Fresh Investments are brought in the form of equity participation, loan, non-plan assistance or through the revival packages which involves write-off of past losses and infusion of fresh capital, etc. Measures such as waiver of loan/interest/ penal interest, conversion of loan into Equity, conversion of interest including penal interest into loan, moratorium on payment of loan/ Interest, Government guarantee, etc. are also taken to improve financial strength of the company.

2

Business Restructuring

Change of management, organizational restructuring, hiving off viable units from corporate entities for formation of separate companies, closure of unviable units, formation of joint ventures by induction of partners capable of providing technical, financial and marketing inputs, change in product mix, improving marketing strategy, etc. may be involved depending on the need of the company.