Shapoorji Pallonji Group to tap banks to refinance ₹2,000-cr loan

December 3, 2025

Shapoorji Pallonji Group is shifting its debt refinancing plans. The group is now leaning towards mainstream banks for a ₹2,000 crore loan. This move comes as bank credit is more cost-effective than private credit. The loan will be secured by shares of Afcons Infrastructure and real estate assets.

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