Thursday, January 19, 2023

Resolution of twin Srei companies delayed as voting on winning bidder is on hold

Srei’s administrator, Rajnish Sharma, had invited lenders to vote on the three plans – National Asset Reconstruction Company NARCL, Authum Investment and Infrastructure, and Arena Investors – Varde Partners team. Originally, the voting was scheduled to start from January 16.

source https://economictimes.indiatimes.com/industry/banking/finance/resolution-of-twin-srei-companies-delayed-as-voting-on-winning-bidder-is-on-hold/articleshow/97128293.cms

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