McLeod Russell Finalizes Debt Settlement with JCF ARC to Stabilize Operations
McLeod Russell India Ltd, one of the world’s largest bulk tea producers, has officially accepted an One-Time Settlement (OTS) proposal from JCF ARC to resolve outstanding debt obligations totaling ₹150 crore. The agreement, finalized this week in Kolkata, stipulates that the settlement amount will be disbursed in structured tranches, with the final payment due by…