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Tag: Hinduja Group

Reliance Capital acquisition: Hinduja Group’s IIHL gets IRDAI approval

Reliance Capital acquisition: Hinduja Group’s IIHL gets IRDAI approval

May 11, 2024May 11, 2024 · Banking

Hinduja Group’s IndusInd International Holdings (IIHL) on May 10 received the long-awaited Insurance Regulatory and Development Authority of India’s approval for the acquisition of Reliance Capital. Also read:…

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NCLT approves Hinduja Group’s resolution plan for Reliance Capital takeover

NCLT approves Hinduja Group’s resolution plan for Reliance Capital takeover

February 27, 2024February 27, 2024 · Banking

National Company Law Tribunal has approved IndusInd International Holdings’ resolution proposal for the acquisition of Reliance Capital. The Hinduja Group company has been given 90 days to implement…

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Lenders approve Hinduja Group’s ₹9,661-crore resolution plan for RCap

Lenders approve Hinduja Group’s ₹9,661-crore resolution plan for RCap

June 29, 2023June 29, 2023 · Banking

The committee of creditors (CoC) of Reliance Capital has approved the resolution plan put forth by IndusInd International Holding, with 99 per cent lenders voting in favour of…

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RCap committee of creditors votes for equal distribution of proceeds between members

RCap committee of creditors votes for equal distribution of proceeds between members

May 29, 2023May 29, 2023 · Banking

The committee of creditors (CoC) of Reliance Capital, on Monday, voted for equal distribution of proceeds between all members, regardless of whether they are in favour of the…

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