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NCLT gives nod to liquidate S KumarsS Kumar Nationwide owes around Rs 7,970 crore to its financial creditors.- NCLT asks RTIL investor amount it can deposit as earnest moneyThe Mumbai NCLT bench headed by Bhaskara Pantula Mohan and V Nallasenapathy had earlier told the Hong Kong-based SPGP to deposit Rs 50 cror...
- R&T staff-backed investor asked to submit updated financials to NCLTMS Prasanna, general secretary of the association insists SPGO has enough funds to complete the purchase.
- Reid and Taylor: NCLT stalls liquidation, accepts union bid for companyReid & Taylor, owned by the Kasliwal family-run S Kumar Group, which is also facing bankruptcy proceedings, owes over Rs 4,100 crore to ban...
- ARCs, foreign funds eye Reid & TaylorReid & Taylor, owned by Kasliwals is facing bankruptcy proceedings after it defaulted on loans.
- NCLT admits S Kumars for insolvency proceedingsThe company, which owned the premium brand Reid & Taylor in India, has total dues of about Rs 2,500 crore to financial creditors.
- Reid & Taylor, S Kumars head for bankruptcy after loan defaults of over Rs 5,000 croreNitin Kasliwal, promoter of S.Kumars Nationwide, has been declared a willful defaulter by most lenders and will thus not be eligible to par...
- UCO Bank labels Reid & Taylor India as defaulterReid & Taylor is being pursued by the state-run Uco Bank for recovering more than Rs 100 crore of loan after the company defaulted.
- S Kumars planning to sell Reid & TaylorThe promoters are believed to be asking for a significant control premium, valuing the company at Rs 3500 crore - Rs 4000 crore.
- S Kumars rallies over 6% on Reid & Taylor stake sale reportsS Kumars rallied over 6% in early trade on Monday on reports that promoters are planning to sell a controlling stake in Reid & Taylor.
- S Kumars rallies 8% on fund raising plans by selling Reid and Taylor sharesSKNL surged about 8% in early trade on reports that the company is planning to raise about Rs 600 cr through QIP.
- S Kumars jumps on Reid & Taylor stake sale buzzS Kumars rose to a monthly high of Rs 37.90 on buzz that the co was planning to sell 8% stake in its subsidiary Reid & Taylor to two large ...
- SKNL to reposition its apparel brands, starts ad agency pitchAs a part of the exercise, the firm has invited pitches from up to five advertising agencies for each of the brands to carry out campaigns.
- Reid & Taylor's $250 mn IPO by year-end, says KasliwalNitin Kasliwal-led Reid & Taylor, plans to hit the market with its $250 million IPO by end 2010.
- SKNL to file DRHP for Reid & Taylor's Rs 1,000 cr IPO in AugustTextile major, S Kumars Nationwide (SKNL) aims to list its subsidiary Reid & Taylor and raise Rs 1,000 crore by end-this year and will be f...
- SKNL to file DHRP in next 6 months for Reid & Taylor IPOTextile major S Kumars Nationwide Limited said it plans to list premium menswear subsidiary Reid and Taylor and will file a Red Herring Dra...
- S Kumars gets Rs 900 cr equity infusion from Singaporean firmSingapore-based GIC Special Investments will invest Rs 900 crore in Reid & Taylor (India) Ltd, a subsidiary of S Kumars Nationwide, a move ...
- GIC to buy out 25.4% stake in Reid & Taylor for Rs 900 crApparel maker S Kumar’s Nationwide (SKNL) on Tuesday announced that an affiliate of GIC Special Investments will acquire 25.4% stake in its...
- Reid & Taylor likely to get $100-m PE moneyIn one of the largest private equity (PE) investments in the textile sector, S Kumars’ subsidiary Reid & Taylor is close to signing a deal ...
- S Kumars plans IPO for Reid & TaylorApparel maker S Kumars on Wednesday said it is mulling over an IPO for its Reid & Taylor division, which has been endorsed by elite actors ...
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