In an e-auction conducted under the Challenge Mechanism, Torrent had presented a resolution plan for Reliance Capital Ltd (RCL) with a net present value of Rs 8,640 crore, while Hinduja's offer was Rs 8,110 crore.
source https://economictimes.indiatimes.com/industry/banking/finance/lenders-to-meet-on-tuesday-to-discuss-bids-for-reliance-capitals-acquisition/articleshow/96682385.cms
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