Shapoorji company Goswami Infratech seeks time from bondholders to list Afcons Infrastructure

Goswami Infratech, part of the Shapoorji Pallonji group, has requested a three-month extension from bondholders for coupon payments on Rs 14,300 crore high-yield bonds. The company also seeks a one-month delay in the IPO deadline for Afcons Infrastructure to October 31. These extensions are crucial to avoid higher interest rates.