Torrent Investments

Reliance Capital resolution at risk as IRDAI rejects IIHL’s proposal to pledge insurance arm shares

October 15, 2023 0

After the insurance regulator --IRDAI -- rejected Hinduja Group-led IIHL's proposal to raise funds for the Reliance Capital acquisition by...

Reliance Capital resolution plan approved

Reliance Capital lenders approve IIHL resolution plan with 99.6% votes

June 29, 2023 0

The long-drawn insolvency resolution process of Reliance Capital got further close to a closure on 29 June. The lenders of...

Reliance Capital creditors decide ‘equitable’ treatment to lenders; plan payouts in proportion to dues

May 30, 2023 0

In a significant move, the Committee of Creditors (CoC) of Reliance Capital has voted to make payment to all the...

Hindujas emerge highest bidder with Rs 9,650 crore bid for Reliance Capital

April 26, 2023 0

Reliance Capital corporate Insolvency Process has come closer to completion with Hinduja Group firm IIHL emerging as the highest bidder...

Ahead of auction, bidders of Reliance Capital express multiple reservations

April 23, 2023 0

Ahead of the much awaited second round of auction of Reliance Capital, scheduled now for 26 April after being postponed...

Reliance Capital CIRP likely to get delayed further; auction may get deferred by a week

April 7, 2023 0

The lenders of Reliance Capital are considering an extension of deadline for completion of resolution process till 30 May 2023....

Auction for Reliance Capital now on 11 April; Torrent, Hinduja, Oaktree in fray

April 3, 2023 0

In a big boost to the insolvency resolution process of Reliance Capital, three bidders have agreed to participate in the...

Reliance Capital stares at liquidation as lenders pull out auction process

March 26, 2023 0

Reliance Capital is staring at liquidation after all the bidders have shown reluctance to go ahead with the next round...