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    1. Business News
    2. About
    3. srei

    srei

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    srei, industry news
    NARCL likely to wind up Srei group’s equipment finance arm; retain SIFL for business continuity

    At present, most of the assets remain within SEFL’s books due to a previous restructuring.

    Updated: August 13, 2023 23:29 IST
    nclt, srei nclat, srei firms, srei insolvency,
    NCLT approves NARCL’s resolution plan for two Srei firms

    The administrator of the insolvent companies, Rajneesh Sharma, received the Reserve Bank of India’s ‘fit and proper’ approval for NARCL…

    August 12, 2023 00:15 IST
    Srei, Srei Infrastructure Finance, Srei companies, Varde Partners, Industry
    Srei administrator says Adisri plea not maintainable

    On Friday, Arun Kathpalia, representing the consolidated committee of creditors (CoC), submitted before the bench that the lenders did not…

    April 1, 2023 02:45 IST
    NCLT, India
    Srei Administrator files NARCL’s ‘fit and proper’ approval before NCLT

    The approved resolution plan of NARCL was submitted by the administrator, Rajneesh Sharma, to the Kolkata bench of the NCLT…

    March 26, 2023 04:45 IST
    srei, nclt
    Set aside insolvency admission: Erstwhile Srei promoter

    Adisri Commercial, the erstwhile promoter company of two insolvent Srei firms, on Monday urged the Kolkata bench of the National…

    February 28, 2023 03:20 IST
    Srei, NCLT, Srei CoC, Authum Investment, Autumn, Industry
    After Authum challenge, Srei CoC likely to meet next week

    The resolution plan of the government-owned ARC was approved with an 89.25% voting share of the CoC for Srei Infrastructure…

    February 24, 2023 02:50 IST
    Srei
    Srei administrator rejects Kanorias’ offer

    As insolvency petitions against Srei Infrastructure Finance (SIFL) and its subsidiary Srei Equipment Finance (SEFL) were filed by the Reserve…

    Updated: February 14, 2023 07:24 IST
    srei. industry news
    Srei twist: Fresh offer from ex-promoters

    In a new development in the insolvency proceedings of two Srei companies, erstwhile promoters Kanorias have put forward a fresh…

    February 11, 2023 06:25 IST
    Varde-Arena, Srei
    Varde-Arena’s fresh proposal for Srei to be opened today

    According to sources, the consortium submitted the plan with the financial bid it had submitted at the end of the…

    January 9, 2023 03:35 IST
    Srei, resolution, Varde Partners-Arena
    Srei resolution: Varde Partners-Arena consortium submits revised bid, CoC voting after plan viability report

    In the same letter, the consortium was allowed to submit a bid in accordance with challenge documents circulated among the…

    January 8, 2023 22:24 IST
    Srei, administrator
    Srei resolution: Varde Partners-Arena consortium allowed time till Sat midnight to submit bid compliant with norms

    The consortium has now been asked to make a bid compliant with the process, sources said.

    January 7, 2023 20:37 IST
    Srei, administrator
    Srei administrator junks Varde-Arena allegations

    Notably, the CoC decided to adopt the challenge mechanism as in the revised plans submitted by the three bidders earlier,…

    January 7, 2023 02:55 IST
    Varde-Arena, Srei firms
    Varde-Arena raises bid for Srei firms

    Calls challenge mechanism process ‘unfair’

    January 6, 2023 06:30 IST
    Srei companies, Srei companies sale, Srei companies news, Srei news, NARCL, Authum
    NARCL, Authum lead race for 2 Srei firms

    All the three bidders — NARCL, the consortium of Varde Partners and Arena Investors, and Authum Investment — participated in…

    January 4, 2023 05:40 IST
    srie, infrastructure, Upfront Cash Recovery, corporates, banking
    Srei: Creditors expect significantly higher upfront cash offers from bidders under challenge mechanism process

    All the three prospective resolution applicants (PRAs) are taking the challenge mechanism process very positively.

    January 3, 2023 00:14 IST
    Srei, management, plans
    Srei: Bidders submit revised resolution plans

    Strap: Plans likely to be put on vote for CoC’s approval by Jan 3

    December 28, 2022 03:15 IST
    srei
    CoC meets; revised plans for Srei firms likely by December 15

    The consortium of Varde Partners and Arena Investors, NARCL and Authum Investment had submitted resolution plans for the two NBFCs,…

    Updated: December 13, 2022 07:31 IST
    srei, srei companies, nclt, narcl,
    Srei CoC offers window for resolution applicants to revise bids by Dec 15

    The consortium of Varde Partners and Arena has submitted a bid value of Rs 14,000 crore, while NARCL sent a…

    December 11, 2022 18:14 IST
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