HDIL comfortable with debt repayments: official
Jan 24 2013 , Mumbai
"There have been lots of rumours in the market about bankruptcy and defaults, which we totally deny," said Hariprakash Pandey, vice-president of finance at HDIL, in a conference call.
"We are very comfortable with the debt repayment schedule and we are as per schedule," he added.
HDIL shares were down 15.4 percent as of 12:44 p.m., after dropping 20.4 percent in the previous two sessions.