Aviom India Housing Finance promoter Kajal Ilmi has submitted a revised settlement offer of ₹554 crore upfront, aiming to repay lenders and withdraw bankruptcy proceedings. This comes after Unity Small Finance Bank emerged as the winning bidder in a challenge auction for the company. The proposal includes an equity infusion and aims to maximize value for stakeholders.
from Banking/Finance-Industry-Economic Times https://ift.tt/K3uTXVm
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