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CLEARWATER AND VARDE
Adani & JSW arms, TVS keen to buy warehouse company Renaissance Indus InfraTwo special-purpose vehicles floated by promoter Mayur Suchak's Renaissance Group are undergoing insolvency.
Altico Capital fallout: RBI asks HDFC Bank to pay Rs 210 crore to Mashreq BankHDFC Bank, which had also lent money to Altico, debited about Rs 200-210 crore from its account by using a general lien, ET reported on Oct...
Altico lenders extend deadline, seek revised bidsLenders could not come to any conclusion among themselves after SSG Capital and the Clearwater-led management submitted separate bids.
Varde Capital proposes Rs 1,000 crore equity infusion in Altico CapitalOver a month ago, Altico Capital had presented a resolution plan to lenders.
Part-owner Varde may invest ₹ 1k crore in Altico CapitalUS-based Varde plans to repay the lenders in full; Altico CEO Sanjeev Agrawal resigns
Altico bond yields surge to 71% amid concernsThe bonds, bearing a coupon of 12%, yielded 71.34% in a BSE trade worth Rs 375 crore.
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...
Global funds in revival talks with Altico lendersAltico got into trouble last month after it failed to pay Rs 19.97 crore in interest payments.
Altico Cap promoters, investors differ on fresh fund infusionIndia Ratings last week downgraded Altico Cap to "D" or default from 'A+' .
SBI chief slams 'selfish' private sector bank for Altico crisisThe default by Altico has resulted in concerns over the wider implications.
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
Altico Capital invests Rs 1,250 crore in 5 realty dealsOf these markets, Altico has invested Rs 500 crore through two deals with Hyderabad-based Phoenix Group for construction and development of...
Altico expects to lend Rs 3,000 crore in H2: CEO Sanjay GrewalAltico's loan book of Rs 4,371 crore as of September end is diversified across seven cities with last-mile financing forming close to 50% o...
Altico Capital extends Rs 370 crore credit line to Sheth groupThe non-banking finance company Altico Capital planned to invest Rs 5,000 crore in residential real estate projects by end of this fiscal y...
Nirmal Group raises Rs 500 cr from Altico CapitalIn this respect, Altico intends to strategically place itself in the growth corridor by investing in a mix of advanced brownfield projects ...
Kumar Urban raises Rs 300 crore from Altico CapitalKUL Ecoloch is a mid-income project with total saleable area of over 3 million sq ft. Phase 1 of the project is partially delivered, while ...
Altico Capital invests Rs 130 crore in two projects in Mumbai and NCRThe NBFC has closed Rs 50 crore transaction with Noida-based Lotus Greens group for residential project named 'Arena I', part of Sports Cit...
Altico Capital invests Rs 130 crore in residential projectsMumbai-headquartered Non-banking finance company, Altico Capital has invested Rs 130 crore in two residential projects in Mumbai and Nation...
NBFC Altico Capital names Sanjay Grewal as its new chief executiveThe new CEO’s responsibilities will include, developing and executing on the vision and strategy for the organization and business in India.