Reliance Capital resolution: Lenders approve Hinduja’s bid; NCLT approval awaited – The Economic Times Video

With as a lot as 99 per cent votes in favour of Hinduja Group agency IndusInd Worldwide Holdings Ltd (IIHL), lenders of debt-ridden Reliance Capital Restricted (RCAP) anticipated to recuperate money upfront of Rs 9,661 crore from the Hinduja Group entity, say sources. The Hinduja group made the very best money provide of Rs 9,661 …

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With as a lot as 99 per cent votes in favour of Hinduja Group agency IndusInd Worldwide Holdings Ltd (IIHL), lenders of debt-ridden Reliance Capital Restricted (RCAP) anticipated to recuperate money upfront of Rs 9,661 crore from the Hinduja Group entity, say sources. The Hinduja group made the very best money provide of Rs 9,661 crore within the second spherical of bidding, thus receiving acceptance from the lenders of RCAP.

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