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BANKRUPT ROLTA INDIA
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...- Rolta India unit lands in bankruptcy court"We are of the considered view that the operational creditor has been able to establish the existence of an operational debt and its defaul...
- Rolta India lenders invite fresh revival bidsThe exchange filing stated that the plan proposed by the sole resolution applicant was rejected by the CoC with 87.41% dissent and now it i...
- Rashmi Metaliks submits resolution plan for RoltaSecured creditors have an exposure of ₹7,086 crore to Rolta. The lenders are scheduled to meet on Wednesday to evaluate the Rashmi offer. T...
- A dozen foreign and local entities express interest in Rolta insolvencyThe resolution professional, Mamta Binani, received 12 expressions of interest (EoI) which included eight companies, one Singapore-based fu...
- NARCL gives binding offer of Rs 600 crore for Rolta's local debtPromoted by Kamal Singh, Rolta India has an outstanding due of ₹5,712 crore with banks and senior notes (overseas borrowings) of ₹3,382 cro...
- For 9 quarters, HNIs are gung-ho on 22 smallcaps, including bankrupt firmsThis rich investor class is usually known for higher risk-taking ability than retail investors.
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