Shapoorji Pallonji Group, a prominent Indian conglomerate led by billionaire Shapoor Mistry, is attempting to delay the repayment of ₹14,300 crore ($1.5 billion) in zero-coupon notes associated with its unit, Goswami Infratech Pvt. The company has requested an extension of the repayment deadline from April 30 to June 30, as it faces mounting financial pressures amid volatile market conditions. The conglomerate is looking to refinance its existing bond through a planned dollar bond sale, which involves more complex financial structures. This extension request comes as geopolitical tensions and a decline in the value of its collateral, specifically its 18.4% stake in Tata Sons, complicate refinancing efforts. Shapoorji Pallonji has been actively meeting with investors in Hong Kong and Singapore, and plans to hold virtual calls with U.S.-based investors regarding its debut dollar bond sale, which could reach up to $1 billion. The final offering size will depend on investor demand. The group has also received approval from major lenders to ease a key debt condition due to falling collateral values.