Athena Property Sale Unlocks New Horizons, Debenture Plans Hit the Brakes!

Athena Global Technologies Ltd has announced two major developments. The firm has sanctioned the sale of a 1,50,000 sq. ft SEZ property, which may help enhance its liquidity and simplify its asset base. In another development, Athena Global has cancelled its earlier scheduled issue of 1.50 billion rupees of debentures. This cancellation of the issue of debentures can be a sign of a change in the financial strategy of the company or a reaction to evolving market conditions. These actions can have implications for the financial position of the company and future growth strategies.

 

Source: The Economic Times