HLFL in talks to raise up to $100 million to support growth: Sachin Pillai

"A full-fledged turnaround should be in place by the end of the last quarter or spilling over to the next FY," said Sachin Pillai, Managing Director & Chief Executive Officer, HLFL

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Ashok Leyland | capital infusion | Coronavirus

T E Narasimhan | Chennai Last Updated at September 9, 2020 13:37 IST

Hinduja Leyland Finance Ltd (HLFL), the financing arm of Ashok Leyland, is planning for primary capital infusion of $100 million. Sachin Pillai, Managing Director & Chief Executive Officer, HLFL spoke to T E Narasimhan on why the company's attempt to list is being delayed and how the Covid-19 and recent RBI's decisions are impacting the company and NBFC.

RBI has come up with steps for the restructuring of loans. So, what happens to any customer affected by Covid-19? From the customer side how are they responding? The announcement to extend one-time restructuring is a ...

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First Published: Wed, September 09 2020. 08:28 IST

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HLFL in talks to raise up to $100 million to support growth: Sachin Pillai

"A full-fledged turnaround should be in place by the end of the last quarter or spilling over to the next FY," said Sachin Pillai, Managing Director & Chief Executive Officer, HLFL

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