MUMBAI: The Hinduja Group expects to complete the ₹9,861 crore acquisition of Reliance Capital by the end of January, nearly a year after the National Company Law Tribunal (NCLT) approved its rescue plan for the bankrupt lender.
IndusInd International Holdings Ltd (IIHL), the Hinduja Group company that submitted the resolution plan, said it has received all regulatory approvals, including from the Department for Promotion of Industry and Internal Trade (DPIIT), to complete the acquisition.
"The administrator and the committee of creditors (CoC) have to complete certain procedural formalities such as delisting of equity and non-convertible debentures, creation of trust for transfer of excluded assets, capital reduction, release of all charges on assets of Reliance Capital etc. This will take around four to six weeks. Hence, the actual takeover and deal will be closed by the end of January 2025," group chairman Ashok Hinduja told reporters.
この記事は Hindustan Times Pune の December 16, 2024 版に掲載されています。
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この記事は Hindustan Times Pune の December 16, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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