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SREI FINANCE
NCLT approves NARCL's resolution plan for two Srei group firmsThe NCLT has orally pronounced an order on August 11 approving the resolution plan submitted by NARCL with respect to the corporate insolve...- SC dismisses plea seeking stay on insolvency process against 2 Srei CosA Bench led by Chief Justice DY Chandrachud's upheld the order of the National Company Law Appellate Tribunal (NCLAT) rejecting Srei Infras...
- Srei voting process on 3 resolution plans to begin on January 19"All legal approvals are in place and the voting process will begin tomorrow. Three resolution plans received under the challenge mechanism...
- Lenders of two Srei companies extend offer deadline by a monthAfter lenders restarted the sale process of Srei Equipment Finance and Srei Infrastructure Finance, administrator Rajnish Sharma had set a ...
- 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...
- Srei lenders to retain cash on books till companies get soldThis is a variation from the past resolutions wherein the bidders were beneficiary of the earnings accrued during the corporate insolvency ...
- Srei net worth 'fully eroded', but company posts Rs 325 crore consolidated net in Q4The quarterly profit was on account of a rise in recovery of loans, which helped total income to grow, and a sharp fall in expenditure. Tot...
- Despite two quarters of profit, Srei group's net worth "fully eroded"The quarterly profit was on account of a rise in the recovery of loans which helped total income to grow and a sharp fall in expenditure. T...
- Bank of Maharashtra tops PSU lenders chart in terms of loan, saving deposit growth in Q2The Pune-headquartered lender recorded an 11.46 per cent increase in gross advances at Rs 1,15,236 crore in the July-September period of 20...
- Srei lenders, second casualty of IL&FS implosion, now await a tense futureThe woes of both the beleaguered DHFL and Srei entities arise from the collapse of IL&FS. The liquidity crisis after the collapse of IL&FS ...
- Srei Infrastructure Finance shares decline 5% to hit lower circuit limitThe Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over gov...
- Srei Infra Finance's board okays fundraising of up to Rs 2,500 croreThe company is planning to raise capital by way of one or more instruments - through public offer, qualified institutional placement (QIP),...
- Srei ratings cut to 'default', legal battle aheadCare Ratings cut the rank to D for a combination of bank loans and debt securities worth Rs 11,828 crore availed by Srei Infra Finance and ...
- Srei Infra raises Rs 350cr via NCDsThe tranche 1 issue, which opened for subscription on September 7, 2016 has closed today, being September 28, 2016, it said in a regulatory...
- Srei Infrastructure Finance's rating upgraded to 'AA+'Incidentally, Brickwork Ratings has also upgraded Srei's wholly-owned subsidiary Srei Equipment Finance's (SEFL) rating to BWR AA+ with sta...
- Srei consolidates 100% shareholding in Srei Equipment FinanceSrei Infrastructure Finance on Friday said that it has consolidated 100% shareholding in Srei Equipment Finance.
- BNP to sell Srei Equipment Finance Ltd shares for 5% stake in parent companyBNP Paribas will buy 2.51 crore shares, representing 5 per cent stake in SREI in lieu of its 50 per cent stake in Srei Equipment Finance.
- Srei Finance, Muthoot Finance tap retail bond marketSrei Equipment Finance has lined up Rs 500 crore bond sales offering 9.75-10.25% interest rates with three, five and seven-year maturities.
- BNP Paribas and Srei Infrastructure invest Rs 200 crore in joint ventureBNP Paribas and Srei Infrastructure have invested close to Rs. 200 crore of equity in their JV - Srei Equipment Finance (Private) Limited.
- BNP Paribas picks 50% in SREI Infra armFrench bank BNP Paribas has bought a 50% stake in the equipment finance arm of SREI Infrastructure Finance for Rs 775 crore. This is the la...
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