Griffin Coal Mine no longer a subsidiary of Lanco: Official – Times of India
Hyderabad, Dec 24 () Griffin Coal Mine in Australia is no longer a Lanco Group company as the ICICI-led lenders took over the pledged shares as a result of default of payment, a senior official of the debt-ridden Indian infra firm said. Lenders of Lanco Resources International Pte Limited (LRIPL), a Lanco Infratech subsidiary, which…