Sintex Plastics Tech admitted for insolvency on ARC plea"We hereby inform that a petition filed... against the company by Asset Reconstruction Company has been admitted against the company for wh...
Welspun set to acquire 70% debt of Sintex BAPLAvenue Capital-backed Asset Reconstruction Company of India (Arcil) in partnership with Welspun, has been acquiring Sintex BAPL loans from ...
SBI to begin a fire auction of NPAs of Rs 746 crore in Oct-NovTo recoup more than Rs 746 crore, the State Bank of India (SBI) has lined up a number of non-performing assets for sale this month and the ...
Welspun CEO Vipul Mathur says oil & gas firms focusing on capex again"Every exploration and production company in the world wanted to go green and move to renewables. But the harsh reality is that while renew...
Welspun acquires 54% of Sintex BAPL debtWelspun is offering Rs 1,127 crore to acquire Sintex BAPL, a manufacturer of plastic components for the automotive industry. This would equ...
Last year’s 3-bagger Sintex Ind’s share price may drop to zeroAnalysts warned that the resolution plans suggested by companies vying to buy Sintex’s assets proposed to write off the existing equity ful...
Arpwood, Welspun Group in race to buy Sintex BAPLRajeev Gupta and Raj Kataria-promoted Arpwood Capital improved their offer to ₹1,100 crore, soon after Welspun Group offered ₹1,076 crore t...
KKR-led group weighs Rs 1,100 crore out-of-court offer from Sintex promotersThe creditors include a very diverse mix of stakeholders including banks, mutual funds and employee provident funds of A-listed companies t...
Creditors weigh Sintex promoter Amit Patel's out-of-court Rs 1,100 crore settlement offerThe creditors include a very diverse mix of stakeholders including banks, mutual funds and employee provident funds of A-listed companies t...
Private equity giant KKR drags Sintex arm to NCLT over Rs 430 crore loanThe private equity group is seeking to initiate insolvency proceedings against Sintex-BAPL Ltd, a unit of the Ahmedabad-based Sintex group ...
BOI AXA scheme’s NAV falls 26.25%The fund holds four securities of Sintex BAPL maturing in 2020, 2021 and 2022, respectively.
BOI AXA scheme’s NAV slumps 15.34% on Sintex BAPL writeoffThe move is aimed at protecting investors even as bonds continue to be rated ‘A’.
Investors should be wary of Sintex Plastics: AnalystsDeclining cash flow and high debt levels have increased business risks, say analysts
BOI Axa Credit Risk Fund loses 15% in a daySintex BAPL constituted 22.78% of the scheme's assets under management of Rs 533 crore as of May 2019, as per data from Value Research.
Infibeam to launch Sintex’s online B2C platform for consumerThe onlineB2C platform will cater the on-demand customer purchase of Sintex brand Products.
Sintex Plastics Technology falls 5% on first day of listingThe equity shares of Sintex Plastics Technology is listed on the exchange in the list of T group (Trade-for-Trade) of securities.
Sintex spurts 7% as board decides to demerge biz, list Sintex Plastics TechnologyThe transaction is expected to unlock value of shareholders by separating various businesses in different entities, the company said.