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ADHUNIK CORPORATION LTD
Adhunik Power in talks to refinance Rs 1,500 crore debtThe company is looking to refinance debt at around 18%, down from the earlier 22-23% borrowing costs. The 540 MW power plant struggled to s...- NCLAT stays liquidation process against Adhunik MetaliksThis follows an appeal by Liberty House group. The latter had emerged the successful resolution applicant for Adhunik Metaliks.
- NCLT orders liquidation of Adhunik Metaliks, Zion SteelThe NCLT though rejected a plea by the committee of creditors to be allowed to consider the offer.
- Liberty seeks time, Committee of Creditor appeals for fresh Adhunik bidThe submission was made at the Cuttack bench of the National Company Law Appellate Tribunal (NCLAT).
- Adhunik group company gets new life after NCLT orderThe corporate borrower has a mining lease at Patmunda Manganese Mines, which helps the company being run as a “going concern”, a key factor...
- Three Adhunik companies get 90-day extensionThe extension comes at a time when the group companies have collectively received about 20 expressions of interest. However, the companies ...
- NCLT gives extension to Adhunik companiesAdhunik Metaliks, Zion Steel, and Orissa Manganese and Minerals had failed to hammer out a debt resolution plan within the initial deadline...
- Insolvent Adhunik firms get 20 EoIsBinding bids for the resolution plans must be submitted in the next two weeks.
- Coal scam: Court orders framing of charges against firmSpecial CBI Judge Bharat Parashar ordered to put the firm and its two directors -- Nirmal Kumar Agarwal and Mahesh Kumar Agarwal -- on tria...
- Coal scam: Argument on charge against firm, directors on May 13A special court today fixed May 13 for hearing arguments on framing of charges against Adhunik Corporation Ltd and its two directors in a c...
- Coal scam: Court grants bail to Directors of Adhunik Corp LtdDuring the brief hearing, the CBI told the court that they would supply the copies of the documents filed by it along with the charge sheet...
- Coal scam: Court grants bail to Directors of Adhunik Corp LtdIn its charge sheet, the CBI said the 30th Screening Committee had recommended M/s Adhunik Corporation Ltd for part allocation of Patrapara...
- Coal ministry sends fresh set of de-allocation letters to private firmsCoal ministry has sent another bunch of letter to companies for de-allocation of coal blocks as well as deduction of bank guarantees.
- Adhunik group commissions first phase of thermal power plant in JharkhandAdhunik Power & Natural Resources Ltd commissioned the first 270MW unit of its 2 x270 MW coal fired thermal power plant in Jharkhand on Tue...
- Inter-ministerial group recommends de-allocation of two more coal blocksNine companies including one linked to kin of tourism minister Subodh Kant Sahai could face scrapping of coal mining licences, people close...
- Coal ministry slaps showcause notices to 29 companies for delay in captive coal blocksMinistry of coal has slapped showcause notices to as many as 29 companies for delay in development of some nine captive coal blocks
- Adhunik Metaliks in talks to sell forging arm Neepaz V Forge to Amtek AutoThe subsidiary, Neepaz V Forge, manufactures forged products for automobile players such as Tata Motors, Ashok Leyland and Mahindra & Mahin...
- West Bengal allots 505 acres for Rs 7k-cr Adhunik Corp ventureAdhunik Corporation, which is planning to set up an integrated steel plant in West Bengal, has received allotment of a substantial portion ...
- Adhunik announces steel plant in PuruliaAdhunik Corporation Limited, a unit of Adhunik Group of Industries, has embarked upon setting up a green field project in Raghunathpur, Blo...
- Metal firms take war for ore to legal landscapeThe battle for mines has intensified with the metal companies fighting to own resources. Owning resources will determine the growth and pro...
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