Srei Equipment Finance Ltd and Srei Infrastructure Finance Ltd are currently undergoing insolvency proceedings in NCLT. The RBI has already...

"All legal approvals are in place and the voting process will begin tomorrow. Three resolution plans received under the challenge mechanism...

A consortium of alternative investment firm Varde Partners and institutional asset manager Arena has submitted a revised bid for the debt-l...

The government-backed National Asset Reconstruction Company Ltd has taken lead in taking over two stressed entities of the Srei group as it...

After lenders restarted the sale process of Srei Equipment Finance and Srei Infrastructure Finance, administrator Rajnish Sharma had set a ...

Terms of the request for proposal (RFP) required both offers – by Arena Investors in partnership with Varde Partners, and Shon Randhawa wit...

"This is to inform you that the 13th (Thirteenth) meeting of the Consolidated Committee of Creditors of Srei Infrastructure Finance Limited...

The last day to make an offer for Srei Infrastructure Finance and Srei Equipment Finance has now been extended to August 19, giving other a...

The development comes at the time when the resolution is at an advanced stage, and financial bids are expected to be submitted latest by Au...

A joint lenders' meeting will take place on Monday to consider this, Uco Bank managing director Soma Sankara Prasad said. Uco Bank is one o...

This is a variation from the past resolutions wherein the bidders were beneficiary of the earnings accrued during the corporate insolvency ...

SBI Capital Markets and BoB Capital Markets are locked in a tough battle to be a process advisor to the committee of creditors (CoC). This ...

The RBI superseded the two companies' boards on October 4, 2021, citing governance issues and defaults. On October 8, the RBI referred thes...

Srei Infrastructure Finance, the main Srei company, holds 51% in Trinity, and the balance 49% equity is held by Payaash Capital, a Singapor...

The mandate is being sought based on an internal assessment by lenders led by UCO Bank that the promoters - the Kanoria brothers - allegedl...

The committee of creditors had on October 2018 approved the Rs 175-crore resolution plan submitted by Srei Multiple Asset Investment Trust ...

Srei Infrastructure had bid with three other applicants for Adhunik Alloy, one of the four companies of Adhunik group facing bankruptcy pro...