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FINQUEST FINANCIAL
Adani & JSW among big names lining up for insolvent supply chain and logistics infrastructure firm ArshiyaAdani Ports and several other companies are interested in acquiring Arshiya Ltd, a logistics firm under insolvency, for its strategic asset...- Finquest’s offer for Ballarpur Industries gets NCLT nodAvantha Group Holding-promoted Ballarpur Industries, India’s largest manufacturer of writing and printing (W&P) paper, was admitted under t...
- Lenders told to consider new Finquest's plan for BallarpurThe NCLT on January 25 had ordered liquidation after the company's committee of creditors (CoC) rejected an earlier Rs 590-crore offer from...
- Sensex rises! These stocks rallied over 15% on BSE in today's tradeIn the Nifty50 index, 34 stocks closed in the green, while 16 stocks ended in the red.
- NSE-BSE bulk deals: Finquest Financial Solutions cuts stake in CG PowerFinquest Financial Solutions sold 40,00,000 shares of CG Power & Industrial Solutions at Rs 23.80 per share. It held 1.63 per cent stake in...
- NCLT allows changes in payment schedule to the successful bidder on account of COVID-19The order will set a precedent since lenders and the tribunal have allowed the successful bidder to change the payment schedule after the a...
- Lenders agree to 40% haircut in Digjam resolutionTotal dues that Digjam owed its creditors came to about Rs 168 crore.
- Thapar Group’s BILT in bankruptcy courtIDBI Bank has the largest exposure to the company with Rs 400 crore of loans outstanding.
- NCLT gives nod to liquidate S KumarsS Kumar Nationwide owes around Rs 7,970 crore to its financial creditors.
- NCLT allows Finquest Financial Solutions to sell Reid & Taylor assetsFeels move will help fetch better valuation than the tribunal-appointed liquidator
- Divi’s, Gland, Fidelity enter race to buy Orchid PharmaThe move comes even as Divi’s Laboratories, Gland Celsus Bio Chemicals and Fidelity Trading Corporation have evinced interest to take over ...
- NCLT orders Reid & Taylor liquidationThe NCLT Mumbai bench comprising B.M. Mohan and V. Nallasenapathy ruled that the investors have failed to satisfy their networth before the...
- Reid & Taylor case: NCLT accepts Rs 2 crore as earnest money deposit from CFM Asset Reconstruction CompanyThe Mumbai NCLT bench headed by Bhaskara Pantula Mohan and V Nallasenapathy said CFM ARC CEO S V Shah can deposit the balance EMD of Rs 3 c...
- Reid & Taylor: NCLT seeks info on investor’s fin healthLenders and financial creditors have raised doubts over the sources of funds of SPGP and Monday’s hearing deepened those doubts.
- NCLT asks RTIL investor amount it can deposit as earnest moneyThe Mumbai NCLT bench headed by Bhaskara Pantula Mohan and V Nallasenapathy had earlier told the Hong Kong-based SPGP to deposit Rs 50 cror...
- R&T staff-backed investor asked to submit updated financials to NCLTMS Prasanna, general secretary of the association insists SPGO has enough funds to complete the purchase.
- Reid and Taylor: NCLT stalls liquidation, accepts union bid for companyReid & Taylor, owned by the Kasliwal family-run S Kumar Group, which is also facing bankruptcy proceedings, owes over Rs 4,100 crore to ban...
- ARCs, foreign funds eye Reid & TaylorReid & Taylor, owned by Kasliwals is facing bankruptcy proceedings after it defaulted on loans.
- Jyoti Ltd approaches Sebi to probe stake purchase by FIIsThe company's chairman and managing director Rahul Amin said that one of the investors hold 4.9 per cent, while the other has a control ove...
- Small and medium enterprises raised Rs 63 crore via IPOs in April-June quarterSix SMEs got listed on the nation's capital markets with public issues worth a total of Rs 63 crore in the first three months of the ongoin...
Load More- Sensex rises! These stocks rallied over 15% on BSE in today's trade
