JM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure’s ₹971 crore debt, offering ₹621 crore. Lenders, led by Bank of Baroda, will see a 64% recovery. This follows a failed settlement attempt with promoters, with the process expected to take more time.
​JM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure’s ₹971 crore debt, offering ₹621 crore. Lenders, led by Bank of Baroda, will see a 64% recovery. This follows a failed settlement attempt with promoters, with the process expected to take more time. by Soban News (international And National News)
