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Kitti Steels plans to become zero debt firm
HYDERABAD:
Kitti Steels Ltd., a company referred to the Bureau of Industrial and Financial Reconstruction and struggling to come back to normality, is planning to be a zero debt company with the help of investors in two years. A press release said the company was functioning to full capacity, executing substantial orders. In the turnover process, it had identified investors to help acquire the debts of the financial institutions including the Asset Reconstruction Company of India Ltd.
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