Beacon Trusteeship set to launch digital retail escrow platform for P2P transactionsMumbai-based Beacon Trusteeship is launching BeaconTxn, a digital retail escrow platform, to address secure retail P2P transactions. The pl...
26 Jan, 2024, 04.03 PM IST
SC agrees to hear IDBI Trusteeship Services’ appeal, issues notice to Essel group entitiesThe Supreme Court has asked a response from Essel group firms, Cyquator Media Services Pvt Ltd and Direct Media Distribution Ventures, on t...
11 Dec, 2023, 08.45 PM IST
Insolvency plea against Essel entity Cyquator dismissedIn its petition against Cyquator Media, IDBI Trusteeship had invoked the provisions of Section 7 Insolvency and Bankruptcy Code read with R...
27 Jun, 2023, 07.35 AM IST
IDBI Trusteeship faces Rs 1-lakh fine for non-compliance of debenture trustee normsAccordingly, by failing to conduct inspection of the books of accounts, records, registers of FHHPL, the noticee has violated DT (Debenture...
22 Aug, 2022, 10.41 PM IST
Debenture holders drag Biyani Holding company to NCLTThey have sought initiation of insolvency proceedings against Future Corporate Resources through an application made by their debenture tru...
18 Feb, 2022, 12.50 PM IST
Debenture holders oppose Adani Realty’s bid for Mumbai developer Radius EstatesICICI Pru AMC and Beacon Trusteeship, who hold debentures of Radius, have approached NCLT to stop voting on Adani’s bid.
24 Dec, 2021, 02.43 PM IST
IDBI Trusteeship approaches NCLT against Noida developer Shipra EstateIDBI Trusteeship is a trustee for the non-convertible debentures subscribed by IIFL Asset Management Company in 2015.
17 Aug, 2021, 11.02 PM IST
IDBI Trusteeship Services invokes pledged shares of Coffee Day EnterprisesThe shares were sold on May 17, 2021, and, based on the weighted average price of the stock at Rs 30.14 apiece, sale of 4,865,067 equity sh...
19 May, 2021, 04.04 PM IST
IDBI Trustee plans to grow AUM by 12%, expand product suiteIDBI Trusteeship, which manages a portfolio of more than Rs 43 lakh crore, is targeting a further 12% AUM growth in the coming fiscal year ...
27 Mar, 2021, 09.59 AM IST
IDBI Trustee appeals to RBI to reconsider move to write-off tier 2 bondsThe trusteeship has also requested the RBI to protect interest of debenture holders.
02 Dec, 2020, 10.43 PM IST
Ignoring bondholders may derail bank's loan recastWhile a debt restructuring, according to RBI, must apply to all financial creditors, RBI directives are not binding on entities like mutual...
25 Sep, 2020, 01.09 PM IST
Franklin Templeton gets HC nod to sell Essel’s pledged sharesThe shares were pledged with Franklin Templeton as a security cover for debentures of Essel Infraprojects worth Rs 425 crore, which the fun...
07 Jul, 2020, 09.05 AM IST
Reliance Capital debenture holders’ trustee moves HC to protect investmentsThose shares are currently in the demat account of IDBI Trusteeship.
02 Mar, 2020, 07.51 AM IST
Bondholders drag Reliance Home Finance to NCLTIDBI Trusteeship wants the tribunal to seize the assets of Reliance Home Finance and Reliance Capital to recover the dues.
10 Jan, 2020, 08.48 PM IST
Reliance Home bond investors to meet ThursdayRHFL has an outstanding bond liability of about Rs 3,500 crore, with both institutional and individual ownership.
04 Nov, 2019, 09.16 PM IST
RInfra pledges 1.5 cr more shares in Reliance PowerThe filing showed that the fresh pledge was done on September 9.
14 Sep, 2019, 12.04 PM IST
Allahabad Bank board to consider AllBank Fin merger this weekAllBank Finance (ABFL) is a leading merchant banker and has been holding licence for Debenture Trusteeship since February 2010.
16 Sep, 2017, 08.14 PM IST