State Bank of India (NSEI:SBIN) led lenders are planning to restructure Alok Industries Ltd. (BSE:521070) by separating the cotton and non-cotton units. Also, State Bank of India led lenders will look for a strategic investor for the non-cotton business of Alok Industries. Alok Industries said in a response to an email query by DNA Money, "We currently have an embargo on media interaction and hence cannot comment on anything.

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