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Hinduja Group emerges sole bidder with Rs 9,650 crore offer for Reliance Cap in 2nd auction

Hinduja Group emerges sole bidder with Rs 9,650 crore offer for Reliance Cap in 2nd auction

by AIP Online Bureau | Apr 26, 2023 | Indian News, Life, Non-Life

However, according to sources, any decision on the resolution of Reliance Capital by the CoC will be subject to the outcome of the SC’s judgement in the appeal filed by Torrent Investments Mumbai bench of the National Company Law Tribunal (NCLT) has extended the...
Hinduja Group emerges sole bidder with Rs 9,650 crore offer for Reliance Cap in 2nd auction

Lenders to meet on Tuesday to discuss bids for Reliance Capital acquisition

by AIP Online Bureau | Jan 2, 2023 | Indian News, Life, Non-Life

In an e-auction conducted under the Challenge Mechanism, Torrent had presented a resolution plan for Reliance Capital Ltd (RCL) with a net present value of Rs 8,640 crore, while Hinduja’s offer was Rs 8,110 crore After the e-auction was over, sources said,...

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