Hinduja Group
Hinduja Group to acquire Reliance Capital by end-January
15 Dec 2024
Hinduja Group company IndusInd International Holdings Ltd (IIHL) said it would complete the Rs9,861-crore acquisition of debt-laden Reliance Capital (RCap) by January 2025
NCLT approves Hinduja Group’s Rs9,861-cr offer for Reliance Capital
28 Feb 2024
The National Company Law Tribunal (NCLT) has approved a Rs9,861-crore offer by Hinduja Group company IndusInd International Holdings Limited (IIHL) to take over the assets of bankrupt financial services company Reliance Capital.
RBI clears Hinduja Group acquisition of Reliance Capital
19 Nov 2023
Reserve Bank of India (RBI) on Friday approved a Rs9,650 crore debt resolution plan submitted by IndusInd International Holdings Ltd (IIHL), allowing the Hinduja Group firm to take over the assets of Reliance Capital.