Saya Group Eliminates ₹1,500 Crore Debt


NEW DELHI: Saya Group has successfully eliminated around ₹1,500 crore in debt from various financial institutions and investors over the last five years.

The debt reduction includes term loans, non-convertible debentures (NCDs), and guaranteed emergency credit line (GECL) facilities from prominent financial institutions such as IIFL Finance, Yes Bank, and 360 One.

Vikas Bhasin, the company’s managing director, stated, “The reduction of ₹1,500 crore in debt over these years reflects our solid financial health, effective project management, and strong commitment to our stakeholders. With a healthy balance sheet and exciting new projects on the horizon, we are poised for our next expansion phase.”

  • Published On Nov 10, 2025 at 11:30 AM IST

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