Over a month ago, Altico Capital had presented a resolution plan to lenders.

US-based Varde plans to repay the lenders in full; Altico CEO Sanjeev Agrawal resigns

The bonds, bearing a coupon of 12%, yielded 71.34% in a BSE trade worth Rs 375 crore.

Troubled NBFC, too, working on a turnaround plan with the help of Alvarez & Marshal.

Existing shareholders also declined to bring in further capital to support upcoming lender repayments, citing their latest infusion in Marc...

Altico got into trouble last month after it failed to pay Rs 19.97 crore in interest payments.

India Ratings last week downgraded Altico Cap to "D" or default from 'A+' .

The default by Altico has resulted in concerns over the wider implications.

Current chairman Robert Petty is stepping down while continuing to remain on the board as non-executive director

Of these markets, Altico has invested Rs 500 crore through two deals with Hyderabad-based Phoenix Group for construction and development of...

Altico'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...

The non-banking finance company Altico Capital planned to invest Rs 5,000 crore in residential real estate projects by end of this fiscal y...

In this respect, Altico intends to strategically place itself in the growth corridor by investing in a mix of advanced brownfield projects ...

KUL 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 ...

The NBFC has closed Rs 50 crore transaction with Noida-based Lotus Greens group for residential project named 'Arena I', part of Sports Cit...

Mumbai-headquartered Non-banking finance company, Altico Capital has invested Rs 130 crore in two residential projects in Mumbai and Nation...

The new CEO’s responsibilities will include, developing and executing on the vision and strategy for the organization and business in India.