Sebi directs Vistaar Capital Advisors, trustee, others to wind up Film Fund within 6 monthsFurther, Sebi has prohibited directors of VCAL -- Sheetal Talwar, Santosh Datta and Kavil Venkatachalam Gourishankar -- from associating wi...
Free to negotiate for maximising asset value, RCap lenders tell NCLATLenders of Anil Ambani-promoted Reliance Capital had moved the NCLAT (National Company Law Appellate Tribunal) challenging an order of the ...
Debenture holders take realty firm peninsula land to national company law tribunalThe debenture holders are being represented by their trustee Vistra ITCL, the custodian of the debentures and the collateral documents back...
EPFO invested Rs 2,500 crore in Reliance Capital's bonds; asked Centre to initiate insolvency process, says FinMinMinistry of Labour and Employment has informed that as the maturity date of these investment has not become due till date, there is no defa...
HC refuses to stay RCFL bondholders' vote on bidderA division bench of the Bombay High Court on Monday refused to stay a voting planned this week for the bondholders of Reliance Commercial F...
For bondholders of Reliance Capital, only half recovery likelyLarge institutional investors, including LIC and Employee Provident Fund Organisation (EPFO), collectively own about ₹6,000 crore of RCap b...
RattanIndia Power pares Rs 1,219 crore debt in last 15 months"During the last 15 months, RPL has repaid the debt of Rs. 1,219 crore to lenders, including Rs 200 crores as prepayment, even in the face ...
Vistra ITCL invokes Future Retail sharesThe arbitrator had barred FRL from taking any step to dispose of or encumber its assets or issuing any securities to secure any funding fro...
Promoter group Khaitan family's stake in Eveready falls below 5%The shareholding of the promoter group in the Kolkata-based firm has been falling with banks and financial institutions continuing to invok...
Mortgage lenders of Amtek subsidiary approaches NCLT to protect their rightsThe appeal deals with a part of Amtek Auto’s factory land mortgaged with private lenders KKR India and L&T Finance.
Aditya Puri sells shares worth Rs 843 crore in HDFC BankShares of HDFC Bank rallied 46% since its yearly low of Rs 765 touched on March 24.
NSE-BSE bulk deals: L&T Finance laps up Ballarpur IndustriesHere’s who bought and sold what in some of the key bulk and block deals of the day.
Lenders invoke shares of Essel group firms Dish TV, Siti Cable, Zee LearnIDBI Trusteeship Services Limited (ITSL) and Vistra ITCL, who were acting on behalf of lenders, have invoked pledged shares. According to r...
Reliance Capital debenture holders’ trustee moves HC to protect investmentsThose shares are currently in the demat account of IDBI Trusteeship.
NCLAT sets aside insolvency proceeding against Ambience, asks NCLT to decide afreshA three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya has remitted the matter back to the National Company Law Tribunal...
KKR India buys 10% in CG PowerAccording to the shareholding data for the June quarter 2019, Vistra ITCL is a public shareholder and held 21.63% stake in the company.
Sebi fines Vistra ITCL Rs 5 lakh for violating debenture trustees normsIn April 2016, Hongkong-based Vistra Group had acquired IL&FS Trust Company Ltd (ITCL), a subsidiary of IL&FS Group.