Wednesday, January 11, 2023

Reliance Capital's lenders plan 2nd auction on Jan 19

A note circulated by the administrator to the bidders, including Torrent Investments and Hinduja Group entity, says that this is a continuation of the previous auction that was held on December 21. The note states that no change in the financial proposal post the challenge mechanism shall be permitted.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/reliance-capitals-lenders-plan-2nd-auction-on-jan-19/articleshow/96902334.cms

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