Debt financing
Arpwood Capital and Welspun group have separately made offers to lenders of KKR-backed Sintex BAPL that was admitted by the NCLT a year ago. Rajeev Gupta and Raj Kataria-promoted Arpwood Capital improved its offer to…
Debt financing
RBL Bank is seeking buyers for its INR 105 crore loan exposure to Future Corporate Resources Pvt Ltd (FCRPL), which holds a majority stake in Future Coupon, a 51:49 joint venture with Amazon. FCRPL is among 25…
Debt financing
The Department of Telecommunication (DoT) has moved the National Company Law Appellate Tribunal (NCLAT) against an order of the National Company Law Tribunal (NCLT) approving the consolidated resolution plan for 13…
Debt financing
Lenders have zeroed in on an offer made by Mumbai-based Hazel Mercantile for Reliance Naval and Engineering, a bankrupt shipyard based in Gujarat. Hazel has made an offer of INR 2,500 crore for the company after…
Debt financing
Grip Invest, a digital platform for facilitating new-age investments, has signed a USD 2 million lease financing deal with battery network provider Battery Smart for electric vehicles. Grip Invest plans to lease 4,000…
Debt financing
The Committee of Creditors of BSE-listed Mohota Industries have admitted claims worth INR 85.69 crore against the original claim of INR 266 crore. Mohota is undergoing insolvency for which Ashish Avinashji Saoji has…
Debt financing
Jindal Stainless Ltd is raising around USD 82 million (around INR 620 crore) from a German export financier, KfW IPEX-Bank to procure equipment from Primetals Technologies Austria GmbH and Andritz AG for expansion of…
Debt financing
Bengaluru-based e-bike rental company Yulu has raised USD 7 million in a debt round from Magna International INC through non-convertible debentures (NCDs. Yulu offers last-mile connectivity through its electric bike…
Debt financing
Sandeep Kumar Sultania has ceased to be Srei Infrastructure Finance's CFO with effect from close of business hours of December 7, 2021, to take up a new role within the company. The company has been undergoing a…
Debt financing
The National Company Law Tribunal (NCLT), Mumbai bench, has allowed the commencement of the debt resolution process of BSE-listed Blue Blends (India) Ltd under insolvency and bankruptcy rules. It has appointed Vinit…
