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ADHUNIK GROUP
Adhunik Metaliks debt plan may get a breatherThe RP for the debt-laden company is likely to tell the NCLT during a hearing on Tuesday to deduct up to 25 days from the deadline- Lenders accept misra & sons’ bid for Orissa ManganeseThe others are Zion Steel, Adhunik Metalliks and Adhunik Alloy & Power. Ghanashyam Misra will retain debt of Rs 150 crore in the mining uni...
- 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...
- Edelweiss ARC makes Rs 325 crore top bid for Orissa Manganese & MineralsEdelweiss ARC was the sole bidder for the other two companies – Zion Steel and Adhunik Metaliks.
- Adhunik Alloys gets four resolution plansThe four companies face claims totalling Rs 14,185 crore.
- 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 ...
- Insolvent Adhunik firms get 20 EoIsBinding bids for the resolution plans must be submitted in the next two weeks.
- Adhunik Group appoints Mohanlal as Group CEOMohanlal will based in Rourkela and will be responsible for the group's steel business and mining operations, a statement said.
- Adani Power in talks to buy Adhunik Group firm; Adhunik Metaliks rallies 20% intraday, ends 6% upAdhunik Metaliks surged as much as 20 per cent in trade on Wednesday.
- Adani in talks to buy Adhunik PowerGautam Adani's Adani Power is in advanced talks with Adhunik Group to buy Adhunik Power, sources with direct knowledge said.
- Adhunik group to divest up to 26% in Orissa Manganese and MineralsAdhunik group, with interests in mining, special automotive steels and power, has decided to divest up to 26% stake in group company Orissa...
- 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...
- Dalmia Cement acquires Adhunik Cement for Rs 560 croreThe equity value of the deal to buy Adhunik will be 560 cr & there is a debt of 525 cr, Puneet Dalmia, CEO & MD of Dalmia Cement said.
- Adhunik group to have another power plantAdhunik Power and Natural Resources Limited (APNRL), a unit of Adhunik Group of Companies, will set up one Super Thermal Power plant in Jha...
- SBI Macquarie to buy 12% in Adhunik arm for Rs 125 crSBI Macquarie Infrastructure Fund is buying a 12% stake in Adhunik Metalik's power subsidiary for Rs 125 crore, sources with direct knowled...
- SBI Macquarie Infra Fund to invest Rs 125 cr in Adhunik MetaliksSBI Macquarie Infrastructure Fund is buying 12% stake in Adhunik Metalik’s power subsidiary for Rs 125 crores, sources with direct knowledg...
- Adhunik in talk with major automakersAdhunik Group of Industries is in discussion for tie-up with major automobile companies to supply specialised steel and auto components, of...
- Adhunik in talks to buy 50% in Australian mine for $100 mnThe Adhunik Group of Industries, with interests in power, steel, cement, transmission towers and mining businesses, has initiated talks to ...
- Adhunik Group to set up 1,000 MW power plant in JharkhandAdhunik Thermal and Power Ltd, a unit of Adhunik Group, on Monday said it would invest Rs 4,500 crore for setting up a 1,000 MW power plant...
- Adhunik Metaliks set to take reins of Unistar GalvanisersIn an indication that the consolidation mood in the metals industry has now spread to mid-size companies, Adhunik Metaliks, part of the Kol...
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