The Mumbai bench of NCLT has approved the Piramal Group's resolution plan for DHFL subject to the outcome of the appeal in the NCLAT and the...
Piramal Retail Finance Chief Executive Officer Jairam Sridharan said the funds will be utilised for growing the retail business.
IIFL Group Chairman Nirmal Jain said the issue gives an opportunity for investors to lock in a high-interest rate.
The company's fund mop-up plan is subject to shareholders' approval in the upcoming annual general meeting (AGM) to be held in late July.
Piramal has bid only for the current value of DHFL which does not include these amounts that were taken away fraudulently
Sources said the CoC members discussed the bid of NBCC.
The property to be put on sale is a fully furnished flat situated at Thiruvananthapuram in Kerala.
After the loan structure exercise, FRL expects to recover with the timeframe.
GIC Housing Finance said the NCDs are proposed to be listed on BSE.
The company did not disclose where it will use the proceeds of the issue. Realty firm DLF on Thursday said […]