SBI taps ARCs for sale of Hindusthan National Glass loanLenders had voted for a plan given by AGI Greenpac in October 2022, but due to a series of litigations, the plan is yet to be approved by t...
Nirma makes ₹1,650-crore offer for Hindusthan National GlassAfrica-based bottle maker Madhvani Group and AGI Greenpac, known as makers of Hindware products, also submitted separate resolution plans f...
StanChart sells stressed loans in HNG, Chenani Nashri TollwaysThe bank sold a $40-million (equivalent to about ₹310 crore) debt exposure in the tollways project, promoted by the IL&FS Group, to Deutsch...
HNG promoter offers Rs 1,380 cr in cash, 10% equity to lendersThe company has deposited close to ₹110 crore with lenders to show its commitment to pay loans, the people said. Kolkata-based HNG was admi...
Carlsberg, Nirma, PEs in race for bottlemaker HNGDanish beer maker Carlsberg, private equity funds Oaktree Capital and Cerberus, Nirma Chemicals and SNJ Distilleries are among a dozen enti...
HSBC sells its HNG loan to Edelweiss ARC in an all-cash dealLenders have an exposure of Rs 2,700 crore in Hindusthan National Glass (HNG), the largest maker of container glass with seven manufacturin...