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SION PANVEL TOLLWAYS
Maharashtra govt told to pay ₹691 cr to IDRCL in tollway caseIndia Debt Resolution Co (IDRCL), the managing arm of NARCL, secured a ₹691 crore arbitration award from Bombay High Court-appointed arbitr...- NARCL receives four bids for debt takeover of Sion Panvel Tollways in MumbaiNational Asset Reconstruction Co (NARCL) has received four expressions of interest for a second round of bidding to take over the debt of S...
- NARCL emerges winning bidder for Rs 17,000 cr debtThe National Asset Reconstruction Company of India (NARCL) has been the winning bidder for six distressed accounts with outstanding debt of...
- NARCL offers to buy debt of three more bankrupt companiesBased on binding bids from the government-backed bad bank, lenders have initiated a Swiss challenge auction for Hitodi Infra. The lenders, ...
- Sion Panvel Tollways gets three bidsThe company that defaulted on its ₹1,536 crore loan has received bids from Kalyan Tollways, Prakash Asphaltings & Toll Highways (India), an...
- IOB-led lenders group puts Sion Panvel Tollways' ₹862-cr bad loan on saleThe debt on sale includes exposures from Bank of Baroda, Canara Bank, Punjab National Bank, State Bank of India, and India Infrastructure F...
- NARCL offers Rs 220 crore for Sion Panvel Tollways' debt"SPTL is a special purpose vehicle (SPV), which was formed to manage this highway, which is an important road leading into and out of Mumba...
- Bad bank plans to buy 18 distressed a/cs totalling Rs 39,921 crore by October 31NARCL has engaged consultants such as EY, PwC, Alvarez and Marsal, KPMG, Grant Thornton to conduct due diligence for the 18 accounts. It wi...
- Loans of Jaypee Infra, VOVL and GTL among 15 that may be sold to bad bankVideocon Industries affiliate VOVL Ltd, real estate company Jaypee Infratech, telecom infrastructure provider GTL Ltd, Visa Steel and Meena...
- Sion-Panvel toll road operator to quit over non-payment of duesSion Panvel Tollways (SPTPL) in a statement on Thursday alleged that it has not received dues from the public works department (PWD) “for t...
- Toll exemption: Will hold meeting on compensation, says Maharashtra to HCIn another notification issued on May 26, LMVs such as autorickshaws, cars, jeeps, taxis and three-wheeler delivery vans were exempted from...
- Maharashtra government to issue fresh notification to extend toll exemptionThe court was hearing a petition filed by Sion Panvel Tollways Pvt Ltd which had challenged the notification exempting cars, auto rickshaws.
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