Reliance Power's 2 subsidiaries settle Rs 1,023-cr debtReliance Power's subsidiaries settled debt of Rs 1,023 crore with Reliance Commercial Finance, owned by Authum Investment. The debt settlem...
Reliance Home Finance headed for voluntary liquidation, surrenders CoRThe Reserve Bank of India (RBI) has granted approval for Reliance Home Finance's voluntary exit from the home finance business. Authum Inve...
NCLAT rejects Authum plea on SREI; NARCL completes paymentsThe National Company Law Appellate Tribunal (NCLAT) has rejected Authum Investment & Infrastructure's appeal against the acquisition of the...
Reliance Commercial to infuse Rs 1,043 cr in Reliance Infra, Reliance PowerReliance Infrastructure and Reliance Power, two companies under the Anil Ambani group, are raising ₹1,043 crore from Reliance Commercial Fi...
Authum Investment picks up 1.9 pc stake in DB Realty for Rs 100 croreAccording to the bulk deal data available with the BSE and NSE, Authum Investment and Infrastructure bought 40 lakh shares each on both the...
Authum converts RInfra and RPower debt into equityBoards of RInfra and RPower approved the preferential allotment on Saturday following which a notice was issued for shareholder approval on...
Srei twins resolution plan: Authum appeals against NCLT orderOn Wednesday, a two judge bench of the National Company Law Appellate Tribunal (NCLAT) issued notices to the committee of creditors (CoC), ...
Authum completes Rs 3,351 cr takeover of Reliance Home Finance Ltd"Authum has transferred the requisite amounts to secured creditors and the business transaction agreement has been signed by lenders to han...
Supreme Court asks Authum Investments and Infrastructure to implement resolution plan for Reliance Home FinanceThe court, however, said that dissenting debenture holders should be given the option to accept the terms of the resolution plan or they ca...
Authum plea seeks to stall NARCL’s bid for Srei cosIn its plea to the court which was filed on Tuesday, Authum has sought a revision of what it calls is a flawed evaluation matrix to judge i...
Authum seeks review of appraisal matrix in Srei insolvencyThe Mumbai-based non-banking finance company (NBFC) has also offered an additional upfront payment of ₹250 crore over and above its origina...
Authum pleads with SC for nod to RHFL resolution planAuthum had offered ₹2,887 crore to take over the company in June 2021, translating into a 74% haircut to the total dues of ₹11,200 crore. B...
Reliance Commercial Finance heads to a resolution by the month-endReliance Commercial owes creditors ₹9,017 crore. Authum has offered ₹2,207 crore - a 75% haircut for secured creditors - largely funded by ...
Reliance Commercial Finance lenders approve debt-resolution plan with Authum as successful bidderReliance Commercial Finance -- a company of debt-ridden Anil Ambani-promoted Reliance Group -- is a fully-owned subsidiary of Reliance Capi...
Authum emerges as top bidder for Reliance Commercial FinanceThis is the second Reliance Group company for which Authum has emerged as a winner. Last month, a consortium of lender led by Bank of Barod...
Authum promoters’ past lapses emerge with Reliance Home winStock market regulator Securities and Exchange Board of India (Sebi) has banned Authum promoter director Sanjay Dangi and his associates in...
Mumbai-based NBFC Authum Investment wins Reliance Home with more than 90% votesSaturday was the last date for the voting which started on May 31 and creditors which included private and public sector banks and bondhold...