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INNOVENTIVE
NCLT orders liquidation of InnoventiveTrade creditors, primarily small firms, and vendors could also be affected.- Innoventive challenges IRP's liquidation moveThe plea was rejected by the National Company Law Appellate Tribunal as well as the Supreme Court.
- Innoventive debt recast: Lenders face big haircutThe liquidation value of the company is estimated at Rs 132 crore.
- Banks shy away from companies facing NCLT actionIBC allows resolution professionals to raise 'interim finance' during resolution process.
- SC dismisses Innoventive plea against bankruptcyThe company contested the plea of bankruptcy by lender ICICI Bank, questioning its constitutional validity. ICICI Bank had filed an insolve...
- Banks may face a big hit on insolvency provisioning normsLenders will refrain from taking a haircut higher than the valuation of the company.
- Innoventive gets 3 months to fix debtThe company manufactures steel tubes and auto parts for various large auto companies.
- Will Innoventive Ind see the first light of insolvency resolution?If the company fails to resolve the debt problem in the next three months with banks taking a haircut and promoters bringing in equity, it ...
- Innoventive case hearing leaves lenders confusedNCALT rejects borrower's plea to be heard, but advises court to be cautious.
- Insolvency board registers seven casesICICI Bank’s application for insolvency resolution against Innoventive was the first to be registered by the Board.
- Innoventive Industries moves Bombay HCICICI Bank had filed a case at the NCLT, the first under the new law, to initiate corporate insolvency resolution process on Innoventive In...
- Innoventive Industries to buy 51 pc stake in ITPL for Rs 23 croreInnoventive Industries today said it has inked a pact to acquire majority stake in Innovative Technomics Pvt Ltd for Rs 23 crore.
- Salem Steel aquisition will help us get distribution network in US, Canada: Innoventive IndustriesIn an interview with ET Now, Chandu Chavan, CMD, Innoventive Industries, talks about their latest acquisition and their expansion plans. Ex...
- Innoventive Industries gets Rs 16 cr subsidy; stock off lowsInnoventive Industries, manufacturer of precision components using innovative technology, has received Industrial Promotion Subsidy of Rs 1...
- Innoventive Industries makes weak debut on boursesMulti-product engineering company Innoventive Industries made a weak debut on the bourses today, opening nearly 6 per cent lower on the BSE.
- Servalakshmi, Innoventive IPOs scrape throughThe IPOs of Servalakshmi Paper and Innoventive Industries, which closed for subscription on Friday, received a lukewarm response from inves...
- 'Subscribe' to Innoventive Industries IPO: Nirmal BangNirmal Bang has advised investors to ‘Subscribe’ to the initial public offering of Innoventive Industries with a medium to long term perspe...
- 'Subscribe' to Innoventive Industries IPO for long term: KR ChokseyKR Choksey has recommended investors to ‘Subscribe’ to the initial public offering of Innoventive Industries with long term perspective.
- Subscribe to Innoventive Industries IPO: Anand RathiAnand Rathi has advised investors to ‘Subscribe’ to the initial public offering of Innoventive Industries.
- Innoventive Industries sets IPO price band at Rs 117-120 per shareInnoventive Industries fixed a price band of Rs 117-120 a share for its up to Rs 219.58 crore IPO, which will begin for subscription on Apr...
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