NBCC, Suraksha submit revised bids for Jaypee Infra
SECTIONS
Last Updated: May 19, 2021, 05:30 PM IST
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Synopsis
State-owned NBCC and Suraksha group, which are on the fray to acquire Jaypee Infratech Ltd (JIL) through an insolvency resolution process, have submitted their revised bids and have also clarified issues raised by financial creditors.
Agencies
State-owned NBCC and Suraksha group, which are on the fray to acquire
Jaypee Infratech Ltd (JIL) through an insolvency resolution process, have submitted their revised bids and have also clarified issues raised by financial creditors. The companies have also improved their offers, which were submitted to the Committee of Creditors (CoC) on Tuesday.