Srei promoter challenges RBI action against group firms in Bombay High Court : Rashtra News Srei Group promoters on Wednesday moved the Bombay High Court to challenge the Reserve Bank of India’s decision to supersede the boards of two group companies in preparation for sending them to bankruptcy courts. A division bench of Justices Ujjal
Srei Administrator to seek lenders' nod to control cash flows of two bankrupt companies : Rashtra News The administrator of Srei Infrastructure Finance and Srei Equipment Finance, Rajneesh Sharma, will seek a mandate from lenders to control the cash flows of the subsidiaries of the two bankrupt companies and appoint EY as its financial advisor,
The government-backed asset reconstruction company appointed Shamik Roy, a veteran in the distressed loan segment who was earlier with HCC, IDBI Bank and Srei BNP Paribas, as chief executive officer, said people with knowledge of the matter.
Shares of Schroder Real Estate Investment Trust Limited (LON:SREI – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 42.95 ($0.54) and traded as low as GBX 42.95 ($0.54). Schroder Real Estate Investment Trust shares last traded at GBX 45 ($0.57), […]
Schroder Real Estate Investment Trust Limited (LON:SREI – Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 42.48 ($0.53) and traded as low as GBX 42.20 ($0.53). Schroder Real Estate Investment Trust shares last traded at GBX […]