63 Moons has filed a writ petition before the Madras High Court seeking attachment of assets belonging to DHFL, Wadhawan said in the letter
Kothari Products, Oswal Greentech, Adhunik Ind, JP Ventures, Sical Logistics, Shemaroo Entertainment, Geojit Financial, Mawana Sugars, Hindustan National Glass were locked in 20% upper circuit.
The S&P BSE Smallcap index hit a fresh 52-week high of 17,136 on the BSE in intra-day trade today.
Value maximisation should be core principle: former AG Mukul Rohatgi
The DHFL saga has put the spotlight on the legal ambiguity in accepting bids beyond stipulated deadlines
Piramal quoted Rs 23,500 crore only for the retail portfolio of DHFL while Hong Kong-based SC Lowy bid Rs 2,350 crore for SRA
Lender has the highest exposure to the bankrupt firm, want to maximise asset's value
The insolvent Dewan Housing Finance Corporation Ltd has reported a consolidated net loss of Rs 2,122.65 crore for the July-September period
The company reported revenue from operations to the tune of Rs 2,204.81 crore for Q2FY21
The offer, he claimed, was in accordance with the June 7 circular of the Reserve Bank of India
Forfeit deposits of bidders who are vitiating auction process, says Adani
Piramal group did not share the password of the email containing its third round of offers as it was worried about information leak.
In the past seven days, GE Power has rallied 80 per cent from its multi-year low of Rs 177.
Piramal had revised, in the second round, its bid to Rs 25,000 crore for the retail books. That includes deferred payments in seven years with interest worth Rs 3,000 crore.
According to report, Adani Group has offered to further enhance its bid for the DHFL and has shown interest in bidding for the entire portfolio of the bankrupt company
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Revised offer by Piramal not opened till going to press; Oaktree retains its offer at Rs 31,000 cr, Adani remains highest bidder
Listen to the podcast to know about the latest row over DHFL bid
Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them
The company is likely to submit a revised bid in the next couple of days, said people in the know