Four parties, including the promoter and Germany’s Mutares Group, have shown interest in acquiring Syska LED Lights, which has admitted claims of ₹226 crore. Lenders are scrutinizing bids due to a lack of formal board authorization from one applicant. The resolution process is advanced, with lenders anticipating over 50% recovery.
​Four parties, including the promoter and Germany’s Mutares Group, have shown interest in acquiring Syska LED Lights, which has admitted claims of ₹226 crore. Lenders are scrutinizing bids due to a lack of formal board authorization from one applicant. The resolution process is advanced, with lenders anticipating over 50% recovery. by Soban News (international And National News)
