Indcap Advisors acted as the restructuring advisor to Simplex Infrastructures Limited, assisting the company in the comprehensive restructuring of its debt and overall financial position. The firm advised on business plan preparation, financial modelling, debt restructuring strategy, negotiations with lenders and stakeholders, transaction structuring, and implementation support, helping the company achieve a sustainable capital structure and position itself for operational revival. The restructuring ultimately culminated in the execution of a Master Restructuring Agreement (MRA) with the National Asset Reconstruction Company Limited (NARCL), involving debt rescheduling, debt-to-equity conversion, and a structured repayment framework.