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NARCL makes Rs 1,003 crore offer for Meenakshi Energy
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According to the persons mentioned by ET, the government-sponsored NARCL''s amended offer, which it submitted last week in response to a request from the company''s lenders, is 11% higher than its initial offer.
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Oct 26, 2022
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NARCL offers ₹900 crore for Meenakshi Energy debt
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National Asset Reconstruction Company of India (NARCL), the government-promoted bad bank, has given lenders of Meenakshi Energy a ₹900 crore binding offer to acquire its debt, said two people aware of the development.
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Oct 20, 2022
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Arcil shows interest in joining the race for Meenakshi Energy
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NARCL had offered ₹1,003 crore to purchase the debt last month. If Arcil follows its interest with a serious bid, then NARCL will still have the opportunity to buy the debt under the Swiss challenge method by matching the challenging offer.
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Nov 09, 2022
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Total :931 Pages
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