Following a meeting of the financial creditors of the Srei companies, a legal evaluation of the resolution plans will start and after that a commercial evaluation is expected
In an alarming development for retail investors of Kolkata-based non-banking finance company (NBFC) SREI group has apparently frozen interest payments and redemptions of its non-convertible debentures (NCD) from 1st January 2021 to 30th June 2021.