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Nagarjuna Fertilizers: Nagarjuna Fertilizers looking to settle ACRE debt via slump sale

The proceeds will be used to settle loans of its new lender, Assets Care and Reconstruction Enterprises (ACRE), an asset reconstruction company. SSG-Ares backed ACRE acquired Nagarjuna Fertilizers entire ₹1,500 crore debt from banks by paying ₹811 crore, as reported by ET on March 29. ....

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