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SHON RANDHAWA
Hospitality brand Quorum Club secures pre-Series A funding led by GruhasQuorum Club was founded in 2018 by Vivek Narain and his wife Sonya Jehan. It runs three brands—Quorum, a subscription-based members-only cl...- Srei companies, RCap may get more resolution offersSrei Infrastructure Finance and Srei Equipment Finance (SEFL) generated a lot of interest among potential bidders after the administrator r...
- Lenders to Srei cos to restart sale processSince the terms of the RFP are modified, the administrator is required to issue fresh expressions of interest (EoI) to allow others to bid....
- Lenders' Dilemma: Restart Srei sale or review non-compliant bidsA majority of lenders did not favour accepting a non-compliant EMD since that would require changing the terms of the RFP and reinviting bi...
- Srei companies' resolution applicants fail to deposit earnest moneyTerms of the request for proposal (RFP) required both offers – by Arena Investors in partnership with Varde Partners, and Shon Randhawa wit...
- Srei group receives two resolution plans"This is to inform you that the 13th (Thirteenth) meeting of the Consolidated Committee of Creditors of Srei Infrastructure Finance Limited...
- Final bid deadline extended for 2 Srei cosLate Friday evening, administrator Rajnish Sharma informed potential applicants about the deadline extension. He said the resolution plans ...
- Srei bidders refuse to pay earnest depositAdministrator Rajnish Sharma received two plans on Wednesday - one from Arena Investors in partnership with a Varde Partners affiliate and ...
- Srei administrator extends deadline for bids after receiving two offersThe last day to make an offer for Srei Infrastructure Finance and Srei Equipment Finance has now been extended to August 19, giving other a...
- Srei receives three bids; decision after technical and financial evaluationThe bids are currently under legal evaluation after that financial bid will be examined by the Committee of Creditors, details can be known...
- NARCL interested in taking over loan accounts of debt-ridden Srei: OfficialThe development comes at the time when the resolution is at an advanced stage, and financial bids are expected to be submitted latest by Au...
- Arena Investors and Varde Partners are preparing to submit a plan for SreiAt a meeting of the committee of creditors held on Wednesday, most lenders voted to extend the deadline for receiving resolution plans to A...
- Vedanta, Jindal Power among investors interested in buying Srei firmsThe Srei Group on Wednesday published a provisional list of eligible prospective resolution applicants The list mentioned as many as 14 int...
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