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REID AND TAYLOR INDIA
Can't term bad business calls fraud: NCLTThe Mumbai bench of the National Company Law Tribunal (NCLT) dismissed a plea filed by the Resolution Professional of RTIL to declare busin...- NCLT gives nod to liquidate S KumarsS Kumar Nationwide owes around Rs 7,970 crore to its financial creditors.
- NCLT allows Finquest Financial Solutions to sell Reid & Taylor assetsFeels move will help fetch better valuation than the tribunal-appointed liquidator
- Reid & Taylor case: NCLT accepts Rs 2 crore as earnest money deposit from CFM Asset Reconstruction CompanyThe Mumbai NCLT bench headed by Bhaskara Pantula Mohan and V Nallasenapathy said CFM ARC CEO S V Shah can deposit the balance EMD of Rs 3 c...
- 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...
- 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.
- Even Obama and Bachchan could not save this company from drowning in debtThe company sold luxury brands associated with the likes of Barack Obama, Pierce Brosnan and Amitabh Bachchan and is now facing prospects o...
- 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 ...
- S Kumars a solid midcap buy: Anand Rathi SecuritiesS Kumars is perhaps India's only fully integrated textile company which sells complete.
- Kartikeya Kasliwal to join Brandhouse Retail as GMKartikeya Kasliwal, the son of S Kumars Nationwide (SKNL) managing director Nitin Kasliwal, is joining Brandhouse Retail - SKNL’s subsidiar...
- 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 ...
- 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 ...
- S Kumars may bring PE into demerged Reid & TaylorTextile firm S Kumars Nationwide (SKNL) has approved the demerger of its division Reid & Taylor, into a subsidiary of the parent company.
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