Singapore-based Taguda (TPL) is promoted by Sagar Zaveri, who comes from the Tribhovandas Bhimji Zaveri family. The target company had admitted liabilities of ₹4,205 crore and TPL's resolution plan proposed ₹227 crore for its revival.
source https://economictimes.indiatimes.com/industry/banking/finance/nclt-okays-tagudas-revival-plan-for-ushdev-international/articleshow/89417781.cms
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