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WELSPUN ASHDAN DEVELOPERS
Creditors back Welspun-Ashdan for Lavasa takeover with 92% voteCreditors have chosen the Welspun-Ashdan consortium to acquire India's first private hill town, Lavasa Corp. The project faced administrati...- Axis Bank puts ₹511-crore Lavasa Corp debt on saleReserve price has been set at ₹80 cr. Other lenders are weighing the future as litigations continue to delay bankruptcy resolution.
- Valor Estate may also move NCLT to revise Lavasa offerValor Estate is likely to petition the NCLT to revise its resolution plan for Lavasa Corp, following Welspun-Ashdan consortium being permit...
- All Lavasa suitors raise offers in third round; Valor Estates leadsThe competition for Lavasa Corp intensifies as Valor Estates, Welspun-Ashdan combine, and Yogayatan Group raise their bids. Valor Estates l...
- India was ready to get a new hill station near Mumbai. But, it is now a ghost townLavasa, India's first planned private hill city near Pune, was envisioned as a European-style utopia with open promenades, waterfronts, and...
- Welspun bids the most for Lavasa Corporation; Lodha Developers, Jindal Steel and Power Group in fray, tooLavasa Corporation, India's first private hill town project, is up for sale again. Creditors aim to recover their dues. Six takeover bids h...
- Ashdan, Yash Shares in a duel to acquire Rolta IndiaLenders prepare to vote on revised bids for Rolta India to choose the buyer, with Ashdan leading despite challenges. The company's debt amo...
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