Latest News on Rajputana Properties
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Rajputana Properties - Total results - 5
Nov 19, 2018
SC upholds NCLAT order allowing UltraTech to acquire Binani Cement, rejects Dalmia Bharat group firm’s pleaThe Supreme Court upheld the NCLAT's last week order which had allowed the Aditya Birla group firm to acquire Binani Cement by approving its revised Rs 7,950.34 crore bid.
Nov 15, 2018
NCLAT approves UltraTech's Rs 7,900 cr bid for Binani Cement, rejects resolution plan submitted by Dalmia BharatIn approving UltraTech's resolution plan for Binani, which was auctioned to recover unpaid bank dues, the NCLAT may have set a precedence as it favoured a proposal that not just paid the financial lenders but also operational creditors.
May 03, 2018
Binani Cement insolvency: NCLT asks CoC to consider UltraTech's revised offer; Dalmia 'surprised' by orderThe NCLT bench also asked the CoC to reconsider resolution plan of Rajputana Properties Pvt Ltd (RRPL), if the Dalmia Bharat Group firm, was willing to raise its offer more than UltraTech's bid.
Apr 09, 2018
Binani Industries to move Supreme Court with Rs 7,618 cr offer, has assurance of support from most lenders, says coBinani, backed by Aditya Birla groups UltraTech Cement, has already received comfort letter for financial support.
Apr 05, 2018
Binani Cement's Committee of Creditors to stick with Rs 6,350 cr offer from Dalmia CementThe CoC did not approve the offer from its promoters Binani Industries, which is pitching for Rs 7,266 crore offer from the Aditya Birla Group firm UltraTech Cement, due to legal implications, sources said.