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GAYATRI PROJECTS PROMOTERS
NCLT approves Gayatri Projects' settlement plan from promotersThe Hyderabad NCLT has approved a ₹2,400 crore OTS plan by Gayatri Projects' promoters, resolving ₹8,100 crore in dues to lenders led by Ca...- UP RERA directs buyers of five builders to file claim with IRPUP RERA has directed buyers to file claims with the Insolvency Resolution Professional (IRP) following insolvency proceedings against five ...
- NARCL makes Rs 474 cr offer for Gayatri ProjectsThe National Asset Reconstruction Co (NARCL) has proposed Rs 474 crore to take over the Rs 9,150 crore debt of Gayatri Projects. Banks are ...
- Gayatri Projects promoters file plea against liquidationHowever, a successful outcome is far from easy as any settlement with promoters under Section 12A of Insolvency and Bankruptcy Code (IBC) n...
- Omkara ARC acquires Park Hyatt Hyderabad's bad loans at 34% discountThe all-cash deal involved Omkara paying ₹300 crore to buy the ₹450 crore principal outstanding of Park Hyatt in Hyderabad, a 5-star luxury...
- Lenders to Gayatri Projects get lone resolution bid offering 10 per cent recoveryThe bankers had received two expressions of interest (EOIs) earlier this year but the other joint bid from two individuals did not result i...
- Canara Bank files insolvency plea against Gayatri ProjectsDespite rules saying that the application of financial creditor should be admitted within 14 days, it has been delayed without any reason,"...
- Bank of Baroda takes Gayatri Projects to NCLT over unpaid duesThe company owes little less than ₹6,000 crore to the country's financial system, with Bank of Baroda exposure being nearly a quarter of th...
- Lenders initiate forensic audit against Gayatri Projects following default paymentLenders, however, claim that the forensic audit is based on concerns about diversion of funds and irregularities in the operations of the c...
- NSE puts eight companies under surveillanceThe exchange would levy minimum margin of 35 per cent on the respective shares, including on stocks in derivatives segment.
- 8 companies selected under surveillance measuresThe applicable rate of margin in equity and equity derivatives segment will be 35 per cent or the existing margin, whichever is higher, wit...
- Gayatri Projects surges on GIC buying 6.2% stake in coThe stock touched its fresh 52-week high of Rs 180.50 on Friday.
- Sembcorp to commission 1,320 MW soonLocated at Nellore district of Andhra Pradesh, this project doubles Sembcorp’s aggregate operational thermal power capacity in India to 2,6...
- NCC to sell majority stake in power assets to Sembcorp for Rs 352 croreIn a communique to stock exchanges on Monday, NCC said it has entered into share sale agreement with Sembcorp Utilities Pte Ltd “as a part ...
- Gayatri Heritage Hotels: Owner of Hyderabad Park Hyatt seeks 450-Cr loan recast from lendersGayatri Heritage Hotels, which owns the Park Hyatt in Hyderabad, has approached lenders to recast its loan and give it more time to repay t...
- Sembcorp to purchase majority stake in NCC Power for Rs 500 CrSembcorp will purchase a majority stake in NCC Power Projects for roughly Rs 500 crore, two people with direct knowledge of the development...
- Abu Dhabi National Energy buys 5% stake in 100 MW-power projectAbu Dhabi National Energy Company PJSC (TAQA) has acquired 5 per cent stake in a 100 MW-power project being developed by NCC Limited.
- Afrin Dia, India Max Investment buy Gayatri Projects shares via QIPAccording to data on Sebi website, India Max Investment Fund Ltd is a sub-account of Rahn & Bodmer Co while Afrin Dia is a sub-account of I...
- Arihant Superstructures promoters raise stake through rightsThe promoters of Navi Mumbai-based realty company Arihant Superstructures have raised their stake in the company.
- Gayatri to buy five infrastructure companiesInfrastructure firm Gayatri Projects is all set to acquire five smaller infrastructure firms in the country, paving the way for its inorgan...
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