Edelweiss ARC, Goldman Co tighten grip on Bilt GraphicSome lenders like Kotak Mahindra Bank and IDBI Bank were opposed to this infusion because they were not consulted before this decision was ...
14 Jan, 2020, 07.59 AM IST
Kotak Mahindra Bank moves NCLT against BILT unitBILT Graphic was on the so-called second list of 29 defaulting companies of RBI.
17 Apr, 2019, 08.26 AM IST
Bankrupt companies use civil justice system to delay insolvency processLegal hurdles could stall the insolvency resolution process, Uday Kotak, vice chairman of Kotak Mahindra Bank, said last week.
12 Mar, 2018, 07.10 PM IST
BILT Graphic Paper gets insolvency breather from Delhi High CourtBILT Graphic Paper, the Thapars-owned company, had moved Delhi High Court against IDBI Bank and the Reserve Bank of India after the bank in...
01 Mar, 2018, 06.52 AM IST
Lender asked to take Bilt Graphic to bankruptcy courtThe firm is part of the Avantha Group and among the 29 companies that were asked to come up with a resolution plan before December-end.
06 Feb, 2018, 09.18 AM IST
Ballarpur Industries in talks to sell Malaysian arm to China's Nine DragonsIndia’s largest maker of writing & printing paper has been in talks with Nine Dragons for some time now. Discussions are likely to lead to ...
24 Apr, 2017, 02.25 AM IST
Lenders plan debt recast of Ballarpur Industries unitA consortium of lenders led by Axis Bank have proposed to invoke the SDR at BILT Graphic Paper Products, a stepdown subsidiary of BILT, whi...
13 Feb, 2017, 01.07 AM IST
JK Paper makes offer to buy 2 units of BILT Graphic PaperThe non-binding offer (NBO) has been issued pursuant to the decision taken by the committee of directors at its meeting held today, JK Pape...
05 Jul, 2016, 08.59 PM IST
Ballarpur Industries Limited to sell Malaysian subsidiary for $500 millionSabah Forest is 98.08% is owned by Ballarpur Paper Holdings BV, a Netherlands-based investment firm in which BILT owns a 69% equity stake.
25 Sep, 2015, 04.11 AM IST
- S&P revises outlook credit ratings on Ballarpur Industries
S&P said today that it had revised its outlook on the long-term corporate ratings on India-based paper manufacturer Ballarpur.
13 Jul, 2012, 06.45 PM IST
Ballarpur Industries to simplify corporate structureBilt will transfer 2 paper units to a step-down subsidiary that will ultimately be listed overseas as the Delhi-based co bows to demands by...
06 Jul, 2012, 03.43 AM IST
- Ballarpur Industries' arm raises $200 mn in perpetual bonds
Raised at 9.75% per annum, the bonds have a call option in the fifth and 10th year, and at every distribution date thereafter.
06 Aug, 2011, 06.37 AM IST
- BILT mandates banks for $300 mn global bond sale
Ballarpur Industries Limited (BILT) has mandated RBS and HSBC to raise upto $300 million through a sale of bonds to global investors.
08 Jun, 2011, 12.20 PM IST
- Ballarpur Ind appoints JPMorgan, Citi to manage Dutch unit's listing
Avantha group flagship Ballarpur Industries (BILT) has appointed JPMorgan and Citigroup to handle the planned flotation of its Dutch unit B...
02 Jul, 2010, 01.25 AM IST
We're looking for $500 mn acquisitions: ThaparThe $3.5-billion Avantha Group is scouting for acquisitions for Crompton Greaves and BILT and will invest a further Rs 6,000 crore in its p...
19 Oct, 2009, 01.33 AM IST
- Paper Business to be hived off
Ballarpur Industries (Bilt) on Tuesday announced a mandatory equity buyback scheme for all shareholders along with a financial restructurin...
25 Jul, 2007, 02.44 AM IST
- BILT announces an equity buyback scheme
Ballarpur Industries (BILT) on Tuesday announced a mandatory equity buyback scheme for all shareholders along with a financial restructurin...
24 Jul, 2007, 09.44 PM IST