A majority of lenders did not favour accepting a non-compliant EMD since that would require changing the terms of the RFP and reinviting bi...

Terms of the request for proposal (RFP) required both offers – by Arena Investors in partnership with Varde Partners, and Shon Randhawa wit...

"This is to inform you that the 13th (Thirteenth) meeting of the Consolidated Committee of Creditors of Srei Infrastructure Finance Limited...

Late Friday evening, administrator Rajnish Sharma informed potential applicants about the deadline extension. He said the resolution plans ...

Administrator Rajnish Sharma received two plans on Wednesday - one from Arena Investors in partnership with a Varde Partners affiliate and ...

The last day to make an offer for Srei Infrastructure Finance and Srei Equipment Finance has now been extended to August 19, giving other a...

The bids are currently under legal evaluation after that financial bid will be examined by the Committee of Creditors, details can be known...

The development comes at the time when the resolution is at an advanced stage, and financial bids are expected to be submitted latest by Au...

At a meeting of the committee of creditors held on Wednesday, most lenders voted to extend the deadline for receiving resolution plans to A...

The Srei Group on Wednesday published a provisional list of eligible prospective resolution applicants The list mentioned as many as 14 int...