Hindustan Construction Company (HCC) has become the first firm to get relief under the Reserve Bank of India's Scheme for Sustainable Structuring of Stressed Assets (S4A) for its Rs 4,900-crore debt. According to the scheme, banks can convert half the company's loans into equity/redeemable optionally convertible preference shares or optionally convertible debentures in the next 90 days. The rest will be serviced according to present terms and conditions. "The scheme will help the company tide over the cash flow mismatch, which arose mainly because of delay from the government's agencies to release our dues," chairman of HCC, Ajit Gulabchand, said in an interview with Business Standard. "We are witnessing green shoots of growth because of increased government orders and with this scheme, which would reduce our interest costs, our cash flows will improve," Gulabchand said. The company's order book has grown 35 per cent in the past 15 months, he said.