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SREI SALE
Srei group companies' lenders agree to set aside ₹824-crore sale proceeds in escrow accountAmid this, the appellate tribunal of the bankruptcy court again rejected an application from Adisri Commercial, the holding company of Srei...- 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 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 ...
- 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...
- Lenders begin voting on group insolvency of 2 Srei companiesLenders of Srei Infrastructure Finance and Srei Equipment are currently voting on a proposal by administrator Rajneesh Sharma to undertake ...
- 2 global PE investors show interest to invest $250 mn in Srei Equipment FinanceSrei's strategic coordination committee, headed by independent director Malay Mukherjee, will coordinate and negotiate with the PE investor...
- RBI weighs options for oversight of two Srei group companiesThe Reserve Bank of India (RBI) is understood to be weighing various options including board-level monitoring of the two companies, Srei Eq...
- Buy SREI Infrastructure Finance, target Rs 36: Jay ThakkarBuy SREI Infrastructure Finance Ltd. at a price target of Rs 36.0 and a stoploss at Rs 32 from entry point.
- Four companies get Sebi go ahead for IPOsThe number of companies getting Sebi approval to float an IPO has reached 48 in 2018.
- Sell SREI Infrastructure Finance, target Rs 45.50: Manas JaiswalSell SREI Infrastructure Finance Ltd. at a price target of Rs 45.5 and a stop loss at Rs 51.50.
- Buy SREI Infrastructure Finance, target Rs 58: Manas JaiswalBuy SREI Infrastructure Finance Ltd. at a price target of Rs 58.0 and a stoploss at Rs 51.5 from entry point.
- Essar lenders to move court against Odisha slurry pipeline sale by SreiOdisha Slurry Pipeline ownership has changed hands twice in the past few years.
- Srei Equipment Finance files IPO papers with SebiThe IPO comprises fresh issue of equity shares worth Rs 1,100 crore.
- Srei Equipment Finance board clears Rs 2,000 crore IPO planThe SEFL's board also approved participation by the existing shareholders of Srei Infrastructure Finance.
- Buy SREI Infrastructure Finance, target Rs 117.50: Manas JaiswalBuy SREI Infrastructure Finance at a price target of Rs 117.50 and a stop loss at Rs 108 from entry point.
- Srei Equipment Finance & Tata Motors sign MoU to Finance Commercial VehiclesSrei Infrastructure Finance's wholly owned subsidiary Srei Equipment will also aim to expand its penetration in financing and leasing of he...
- Srei Group likely to have sold minority stake in Viom for a lossLoss on account of interest on loans given to four entities holding Viom shares; company denies posting any loss on the deal, says received...
- Buy SREI Infrastructure Finance, target Rs 126: Kunal BothraBuy SREI Infrastructure Finance Ltd. at a price target of Rs 126 and a stop loss at Rs 116 from entry point.
- Srei Equipment, Muthoot Finance to tap retail bond marketCompanies are already offering lower rates than their previous issuances, thanks to RBI's earlier-than-expected two rate cuts in less than ...
- 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.
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