NBCC and Suraksha group, which are in the race to acquire Jaypee Infratech under the insolvency resolution process, have submitted revised bids and improved their offers for financial creditors.
State-owned NBCC and Suraksha group, which are in the race to acquire Jaypee Infratech under the insolvency resolution process, have submitted revised bids and improved their offers for financial creditors.
According to sources, NBCC and Suraksha group submitted their revised bids on Monday.
Suraksha group has now offered a line of credit of Rs 3,000 crore as working capital for construction of projects as against the earlier proposal of Rs 2,000 crore, the sources said.
It has also giv…
Read the full article at: https://www.business-standard.com/article/companies/jaypee-infra-insolvency-nbcc-suraksha-group-submit-revised-bids-121051101270_1.html
