India: Shree Renuka Sugars’ Brazil units file for bankruptcy protection

After the acceptance of bankruptcy request under the judicial recovery law, Renuka Brazil will be under the so-called judicial protection for a period of 180 days during which it has to present a plan to the court for approval with the creditors. Visual from Shree Renuka Sugars website.

P.R. Sanjai

30 September, 2015

Shree Renuka Sugars Ltd, one of the largest sugar producers in the world, on Tuesday said that its Brazilian units have filed for bankruptcy protection in the country.

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Brazilian units BSE Grupo Equipav largest sugar producer Renuka Brazil Renuka do Brasil SA Sao Paulo Shree Renuka do Brasil Participacoes Ltda (SRDBPL)Shree Renuka Sugars Ltd

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India: Shree Renuka Sugars’ Brazil units file for bankruptcy protection

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