On March 26, 2015, the Company successfully implemented debt restructuring by raising additional debt of INR 5,500 crore resulting in total debt line in excess of INR 12,000 crore (about US$2 billion) [REF].
17.66 per cent of Pipavav was acquired by Reliance Infra Ltd on 5 March 2015 in a US$130 mln deal [REF].