The bank, in a notice on its website, said that it has principal outstanding dues of Rs 1,160 crore and total dues of Rs 3,512 crore, as of...

Swan has set up the board with its managing Director Nikhil Merchant, Executive Director Paresh Merchant and Bhavik Merchant and Vivek Merc...

As the first step, SEL will set up a Board of Directors once the Monitoring Committee appointed by the NCLT gets dissolved. SEL will kick s...

Swan Energy partnered with resolution applicant Hazel Mercantile Ltd through its special purpose vehicle - Hazel Infra - to acquire RNEL un...

Swan Energy partnered with resolution applicant Hazel Mercantile Ltd through its special purpose vehicle – Hazel Infra Ltd – to acquire RNE...

Swan Energy is raising Rs 1,435 crore through preferential shares to finance the acquisition. The National Company Law Tribunal has directe...

As per the bid, the Swan-Hazel consortium was to make an upfront payment of Rs 200 crore together with the cost of insolvency proceedings a...

Three-year expansion plan includes becoming a hub for APAC orders, coast guard jetty, second dry dock. Plans to use the facility to bag int...

RNEL shares rose 5% on Tuesday, hitting the maximum trading price of the day of ₹2.56. About 2 million buy orders were pending on both the ...

The winning bidder, Swan Energy - Hazel Mercantile team, offered a staggered payment of ₹2,040 crore, while on the net present value (NPV) ...

Reliance Infrastructure made the offer on Friday under Section 12(A) of the Insolvency and Bankruptcy Code (IBC), which gives tribunals the...

The Gujarat National Company Law Tribunal also disqualified Citi Securities and Financial Services from being part of the committee of cred...