16:28 IST
BSE
Adverse Business Impact
Rathi Bars Adverse Business Impact
Rathi Bars Limited has temporarily suspended manufacturing operations due to an Income-tax search, GRAP Stage IV restrictions, and regulatory issues. The company also warned of a likely debt default due to liquidity constraints. Professional advisors have been appointed to initiate a revival and restructuring plan with lenders including Axis Bank, YES Bank, and HDFC Bank.