Shapoorji Pallonji Group seeks to raise up to $200 million to repay debt

Shapoorji Pallonji Group is currently planning to raise between $150 million and $200 million for debt management. The funds will primarily address obligations related to Porteast Investment Ltd. while aiding overall debt reduction. Discussions are ongoing, and the company aims to complete the financing by mid-November. Previously, the group borrowed around 44.5 billion rupees to cover amortization payments due at Porteast.