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Vote on Space Mantra's Future Retail bid likely soon, Retail News, ET Retail

Lenders to Future Retail (FRL) are considering a takeover plan by Space Mantra, despite concerns about the low offer. The committee of creditors (CoC) has extended the voting deadline to September 7 to allow lenders more time for internal approvals. Some lenders prefer liquidation over selling the company cheaply. Space Mantra s offer of ₹553 crore is 2.79% of the outstanding dues. The company has promised to start repaying lenders 90 days after receiving approval from the National Company Law Tribunal (NCLT). Future Retail owes a total of ₹19,773 crore to financial creditors. ....

Anoop Kumar Mittal , Kishore Biyani , Vijaykumar Iyer , Central Bank , Union Bank , Future Retail , Space Mantra , New York Mellon , Reliance Retail , Then Reliance , Future Retail , Reliance Retail , Space Mantra , Union Bank Of India , Rp Vijaykumar Iyer , Bank Of Baroda , Central Bank Of India ,

space mantra: Vote on Space Mantra's Future Retail bid likely soon

Lenders to Future Retail (FRL) are considering a takeover plan by Space Mantra, despite concerns about the low offer. The committee of creditors (CoC) has extended the voting deadline to September 7 to allow lenders more time for internal approvals. Some lenders prefer liquidation over selling the company cheaply. Space Mantra s offer of ₹553 crore is 2.79% of the outstanding dues. The company has promised to start repaying lenders 90 days after receiving approval from the National Company Law Tribunal (NCLT). Future Retail owes a total of ₹19,773 crore to financial creditors. ....

Anoop Kumar Mittal , Vijaykumar Iyer , Kishore Biyani , Central Bank , Union Bank , Future Retail , Space Mantra , New York Mellon , Reliance Retail , Then Reliance , Union Bank Of India , Rp Vijaykumar Iyer , Bank Of Baroda , Central Bank Of India ,

embassy office parks: Embassy Office Parks REIT Q1 Results: Net operating income at Rs 738 crore

Embassy Office Parks REIT declared distribution of Rs 509.96 crore or Rs 5.38 per unit for the quarter under review. The distribution comprises Rs 65.40 crore in the form of interest, Rs 225.59 crore in the form of dividend and Rs 218.01 crore in the form of repayment of SPV (special purposed vehicle) level debt. ....

Anoop Kumar Mittal , Aravind Maiya , Embassy Office Parks , National Capital Region , Real Estate Investment Trust , Non Convertible Debentures , Chief Executive Officer , Embassy Office Parks Reit , Fiscal Year , Leasing And ,

Embassy Office Parks REIT Q1 net operating income at Rs 738 cr

Embassy Office Parks REIT Q1 net operating income at Rs 738 cr
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Anoop Kumar Mittal , Aravind Maiya , Embassy Office Parks , National Capital Region , Real Estate Investment Trust , Non Convertible Debentures , Chief Executive Officer ,