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RELIANCE NAVAL RESOLUTION
SBI to sell guarantees of Reliance Naval promoterThe bank, in a notice on its website, said that it has principal outstanding dues of Rs 1,160 crore and total dues of Rs 3,512 crore, as of...30 May, 2024, 12.46 AM IST- NCLT directs Swan Energy to make upfront payment for Reliance NavalSwan Energy, the company that won the bid to buy Reliance Naval and Engineering Ltd, has been asked by the Ahmedabad bench of NCLT to make ...08 Oct, 2023, 01.26 PM IST
- Wagers on Reliance Naval have high risks: AnalystsRNEL shares rose 5% on Tuesday, hitting the maximum trading price of the day of ₹2.56. About 2 million buy orders were pending on both the ...04 Jan, 2023, 06.27 AM IST
- Court approves Swan Energy team's resolution plan for Reliance NavalThe winning bidder, Swan Energy - Hazel Mercantile team, offered a staggered payment of ₹2,040 crore, while on the net present value (NPV) ...24 Dec, 2022, 07.21 AM IST
- Hazel-Swan consortium wins race for Reliance NavalHazel Mercantile-Swan Energy received the highest percentage of votes even as Reliance Infrastructure (RInfra), another Anil Ambani company...18 Mar, 2022, 12.26 AM IST
- Reliance Infra submits resolution plan for Reliance Naval & EngineeringReliance Infrastructure made the offer on Friday under Section 12(A) of the Insolvency and Bankruptcy Code (IBC), which gives tribunals the...14 Mar, 2022, 10.39 AM IST
- Lenders vote on RNEL resolution proposalsThe Gujarat National Company Law Tribunal also disqualified Citi Securities and Financial Services from being part of the committee of cred...14 Mar, 2022, 09.51 AM IST
- Voting extended on Reliance Naval bids till 15 MarchThe two bidders for Reliance Naval and Engineering are a consortium of Swan Energy and Hazel Mercantile and Naveen Jindal’s company Jindal ...09 Mar, 2022, 06.51 PM IST
- Reliance Naval lenders asked not to vote on resolution planResolution professional (RP) Sudip Bhattacharya, backed by Duff and Phelps, has now cancelled voting on a plan scheduled for December 21. T...20 Dec, 2021, 07.27 AM IST
- APM Terminals keen on buying Reliance Naval and EngineeringOther plans include a 700-crore expansion of its own terminal to handle bigger ships, said Jakob Sorenson, managing director of Gujarat Pip...03 Jun, 2021, 09.32 AM IST
- Navy cancels Reliance Naval and Engineering Ltd's Rs 2,500-crore NOPV contractThe contract to build five warships was signed with the company in 2011, much before the Reliance Group took over the Gujarat-based shipyar...09 Oct, 2020, 07.37 PM IST
- With over Rs 9,000 crore debt, Anil Ambani's Reliance Naval now stares at bankruptcyThe Anil Ambani company has not been servicing its Rs 9,000 cr of debt for several months now.26 Jul, 2019, 09.22 AM IST
- Reliance Naval stares at bankruptcyLenders rejected the proposal for want of viability.25 Jul, 2019, 08.06 AM IST
- Markss Infotech files insolvency petition against Reliance NavalIn August, Reliance Group chairman Anil Ambani had said Reliance Naval had presented its lenders with a debt resolution plan and was awaiti...17 Oct, 2018, 10.35 PM IST
- IDBI Bank moves NCLT against Reliance Naval & Engineering Ltd to recover loanThe company had said its net loss widened to Rs 347.21 crore for the quarter ending June 30. It owes over Rs 9,000 to over two dozen banks,...06 Sep, 2018, 10.31 PM IST
- Reliance Naval tumbles 13% as Vijaya Bank tags company as NPAThe company owes over Rs 9,000 to over two dozen banks -- mostly state-owned.14 May, 2018, 01.03 PM IST
- Reliance Naval loans: Union, Vijaya banks put NPA tag on Reliance Naval loansBanks and Reliance Naval were working towards restructuring the loan but it did not work out since all banks did not agree on the terms, sa...11 May, 2018, 02.16 PM IST
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