India’s Shapoorji Pallonji Group is seeking a fresh extension from bondholders for debt owed by one of its units, according to people familiar with the matter. The group proposes granting bondholders an additional 30-basis-point fee in exchange for approving the next extension. The request reflects delays in refinancing efforts, which are still dragging on. While the reports do not specify the bond’s maturity date, the size of the debt, or whether bondholders have accepted the offer, both outlets describe the same core development: an offer of a small incremental fee to secure approval for further time to repay or refinance the obligation. The proposal is being discussed privately, and further terms and timing depend on bondholder decisions. The information comes from individuals familiar with the discussions, and no final agreement is reported in the available coverage.