Showing results for "#Reliance Capital"
IIHL gets Rs 50K cr financial offers via overseas lenders
IIHL plans to fund the Rs 10,000 crore Reliance Capital acquisition through a combination of debt and equity. The debt equity ratio is estimated to be...
Torrent Investments not to participate in 2nd auction for Reliance...
The letter said that the challenge process was concluded on December 21, 2022, with the administrator's email to Torrent Investments confirming its...
RCap resolution: NCLAT allows lenders’ plea to bid afresh
A two-member bench of NCLAT also said lenders of Anil Ambani-promoted Reliance Capital had the power to negotiate and call for a higher bid
Torrent stalls RCap resolution process
Legal advisors, AZB & Partners for the administrator and Luthra & Luthra for the COC, observed that Torrent and IIHL resolution plans are legally...
Setback for RCap resolution process as 2 bidders back out
As per sources, the Cosmea-Piramal consortium has decided to walk out of the resolution process as it believes that the contours of the bidding...
Shocker for RCAP bidders, auction price up by ₹1,500 cr to ₹6,500 cr
Rejecting all the earlier bids, the RCAP COC has set a new base price for the auction which is almost Rs 1,500 crore higher than the earlier base...