Searched for
ALTICO CAP
Religare Finvest lenders approve company's one-time settlement offerBank of India (BoI) was the last among the lenders to give its assent to the plan after a board meeting last week, clearing the decks for a...- Hong Kong-based SSG trumps Cerberus to bag Altico after revised offerSSG’s final offer after multiple revisions is an upfront cash payment of Rs 2,700 crore and a one year employment guarantee for the managem...
- Altico's 3 bidders revise their offers yet againThe three submitted their latest offers on Friday after lenders had met last Monday to consider the earlier proposals. A key issue is wheth...
- Cerberus revises offer for Altico to counter SSG bidThe revised terms, submitted on Friday, include upfront payment of ₹2,500 crore to lenders.
- Forensic auditors to now investigate Altico Cap’s booksBanks have to investigate an RFA and form an opinion on whether there’s fraud within a period of six months.
- Altico’s lenders rope in SBI caps, EY to work on resolution planTroubled NBFC, too, working on a turnaround plan with the help of Alvarez & Marshal.
- Altico lenders appoint SBI Cap & EY as advisorsExisting shareholders also declined to bring in further capital to support upcoming lender repayments, citing their latest infusion in Marc...
- Rs 1,00,000 crore gone in 5 days! How much more pain in store for bank stocks?A few brokerages say the situation on the ground is not as weak as it looks.
- Altico Cap promoters, investors differ on fresh fund infusionIndia Ratings last week downgraded Altico Cap to "D" or default from 'A+' .
- Altico cap has bond repayment of Rs 95 crore due in two weeksAnother series of bonds worth Rs 30 crore is scheduled to mature late December.
- Sachin Bansal in talks to put microfinance firm in cart, may become chief executiveSachin Bansal is expected to buy up to 75% stake in Chaitanya Rural Intermediation Development Services.
- What changed your markets while you were sleepingNifty futures on the Singapore Exchange were trading 6 points, or 0.05 per cent.
- Naina Lal Kidwai appointed Altico Cap’s independent chairpersonCurrent chairman Robert Petty is stepping down while continuing to remain on the board as non-executive director
- As interest rate drop, realty developers, private equity companies go for refinancingThe deals are keeping the pitch busy for both real estate developers and private equity players that are also keen on using the opportunity...
- Piramal Fund, Altico Cap to invest Rs 725 crore in century projectsPiramal Fund Management and Clearwater Capital’s non-banking financial company Altico Capital have entered into an agreement to invest Rs 7...
Load More
