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RKG FUND
Bankruptcy court approves resolution plan for Era Infra EngineeringThe successful bidder has proposed to pay around Rs 525 crore, where the admitted liabilities of the company is about Rs 22, 200 crore. Bef...12 Jun, 2024, 08.06 PM IST- NCLT okays Ramkrishna Forgings' bid to acquire Amtek Group armThe bankruptcy court has approved Ramkrishna Forgings' bid to acquire JMT Auto, a subsidiary of the Amtek Group, through the corporate inso...24 Aug, 2023, 11.54 PM IST
- Pancard Clubs gets three firm offers for ₹5,034-cr debtThe company, which develops and operates hotels and resorts, is undergoing an in-court resolution process and more than 1.5 million financi...07 Aug, 2023, 12.39 AM IST
- Vedanta, Torrent, among companies in race for Coastal EnergenIn February last year, the Chennai bench of the National Company Law Tribunal (NCLT) admitted the power producer for corporate insolvency a...05 May, 2023, 06.34 AM IST
- Reliance, Adani, Vedanta among companies in race for Bhadreshwar VidyutThis is the third bankrupt power producer for which two of the country's largest corporate houses - Reliance Industries and the Adani Group...03 May, 2023, 06.27 AM IST
- NCLT approves Adani Ports and SEZ’s takeover of Karaikal PortAdani Ports and Special Economic Zone was pitted against Vedanta Limited, JSW Infra, a consortium of RKG Fund and Sagacious Capital and Jin...02 Apr, 2023, 11.37 AM IST
- Lenders to Videocon's oil arm to vote on four resolution plansThe resolution professional Pravin Navandar invited lenders to vote on the four plans from March 30.16 Mar, 2023, 11.35 PM IST
- Ceat, Jindal Power, Private Equity Funds among companies in race for Birla TyresOther strategic investors include Dickey Alternative Investments Trust, which acts through its fund manager Dickey Asset Management; RKG Fu...06 Mar, 2023, 04.51 PM IST
- Adani and Jindal companies, Vedanta in race for GVK Power’s Punjab unitGVK Power and Infrastructure is the parent company of GVK Power (Goindwal Sahib). The RP did not respond to ET’s request for comments. GVK ...31 Jan, 2023, 12.14 AM IST
- Adani Ports wins Karaikal bid with ₹1,200-crore offerBidding for the port was conducted under the Insolvency and Bankruptcy Code (IBC) guidelines. The lenders to Karaikal Port met last week to...02 Dec, 2022, 12.30 AM IST
- With an ₹860 crore VOVL bid, NARCL eyes the single-largest debt buyout by any ARCNARCL's offer has an 15:85 structure - 15% of the consideration will be upfront cash while the balance will be in security receipts (SRs) p...22 Nov, 2022, 05.02 AM IST
- Adani, Vedanta co send in bids for Karaikal portKariakal Port defaulted on loans of ₹2,960 crore. It was admitted for insolvency proceedings on April 29 by the Chennai bench of the nation...03 Oct, 2022, 12.36 AM IST
- VOVL gets 4 bids, top offer less than 10% of claimsEneva Brazil has given the highest offer of ₹2,800 crore, or the equivalent of $350 million, which is about 9% of claims, one of the person...28 Sep, 2022, 12.11 AM IST
- Vedanta, Adani, JSW Infra, submit EOIs for Karaikal PortThe NCLT’s Chennai bench had admitted Karaikal Port for insolvency proceedings via an order dated April 29, following an application made b...02 Aug, 2022, 10.40 PM IST
- Jindal Stainless Steel emerges highest bidder for Mittal CorpOnce the deal is concluded, it would be the first acquisition by Jindal Stainless Steel under the Insolvency and Bankruptcy Code. Ratan Jin...07 Jun, 2022, 07.22 AM IST
- Indian Hotels, Oberoi among companies keen to buy Westin KolkataThe other applicants include Prestige Estates, Sayaji Hotels, Jindal Power, Kotak Special Situations Fund, CVI Emcof Master Fund, Asset Rec...01 Jun, 2022, 12.32 AM IST
- Vedanta, Welspun among 29 bidders in fray for Mittal CorpIn 2016, lenders had attempted to sell the company to a strategic buyer by converting its debt into 51% equity under the then prevailing st...11 Mar, 2022, 02.43 PM IST
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