Synergy Capital is exploring the option of co-investing in some stressed assets, particularly in steel, and is also advising bidders for this. Sudhir Maheshwari, founder and managing partner of Synergy Capital, and a former member of the ArcelorMittal group management board, says it might not be in the best interest of lenders to bar the erstwhile promoters from bidding. Edited excerpts of a talk with Ishita Ayan Dutt:
Synergy had shown interest in stressed steel assets when lenders had invoked the strategic debt restructuring mechanism for some companies (especially Monnet). Have you now given an Expression of Interest for companies going

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