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Eagle Group gets nod to take over Sumeet IndustriesEagle pipped rivals that included Silvassa-based Geelon Industries and Gujarat-based Gajera Group by offering to bear the ₹25 crore corpora...- Sumeet Industries' lenders ask initial bidder to raise offerSumeet has been classified as a non-performing account (NPA) with banks for more than three years. It owes lenders led by the Bank of Barod...
- Textile slump mutes debt-laden Sumeet Industries appeal for suitorsBids for the debt-laden textile company Sumeet Industries have been weaker than lenders' expectations as high input costs and weak demand i...
- Five bidders in race for textile manufacturer Sumeet IndustriesThese bidders are UP-based Bhola Ram Papers & Power, Bhilosa Industries and Bhumi Tex Industries of Mumbai, Gujarat's Eagle Group and Silva...
- Sumeet Industries' lenders give more time to file bidsResolution professional Satyendra Khorania confirmed the extension of the timeline through an email response. Bidders for the distressed co...
- Reliance, MCPI among 8 in race for textile manufacturer Sumeet IndustriesThese companies have officially submitted their interest along with supporting documents earlier this month and will be now scrutinised by ...
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