The revival plan will be supported through financial restructuring by fund infusion of Rs. 4156.79 crore.
Cheering the news, shares of company gained as much as 15.92 per cent to trade at Rs 17.40 a piece on the BSE.
In a similar fashion, shares of the company climbed 9.97 per cent to Rs 16.55 a piece on National Stock Exchange.
Meanwhile, the broader benchmark Sensex was quoting at 20,439.22, down 9.27 points or 0.05 per cent at 9:45 hours.
Dion Global Solutions Ltd.