"KSSF is taking control of the project by settling the dues of this company through a one-time settlement. The deal is likely to be completed before the end of this month. Banks are taking about a 50% haircut in this deal," one of the two persons cited above said. KSSF did not reply to an email seeking comment.source https://economictimes.indiatimes.com/industry/banking/finance/kotak-fund-set-to-acquire-its-first-road-asset/articleshow/82390518.cms
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