NCLT approves Hinduja Group’s Rs9,861-cr offer for Reliance Capital

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

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.

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