Search For "promoters"
Essel Group secures lenders' consent, gets time till Sept 30 to avoid defa
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra), [India], Feb 4 (ANI): Multi-faceted business conglomerate Essel Group’s management on Sunday secured a formal consent with lenders, which are having a pledge on shares held by the promoters in ZEE Entertainment Enterprises Ltd. and Dish TV India Ltd, to not dec
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Essel Group enters into an agreement with lenders
Updated : 7 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): Multi-faceted business conglomerate Essel Group’s management on Sunday said to have “successfully arrived at an understanding with lenders which are having a pledge on shares held by the promoters.”
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SC upholds Insolvency and Bankruptcy Code in entirety
Updated : 7 years, 1 month ago IST
New Delhi (India), Jan 25 (ANI): The Supreme Court on Friday upheld the Insolvency and Bankruptcy Code (IBC) in a landmark judgment which will bar defaulting promoters from bidding for their own assets.
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Court accepts ED's plea for open-ended non-bailable warrant against Sandes
Updated : 7 years, 2 months ago IST
New Delhi [India], Jan 5 (ANI): A Delhi court on Saturday accepted the Enforcement Directorate's (ED) plea seeking an open-ended non-bailable warrant against four including Sandesara brothers, promoters of Gujarat-based pharmaceutical firm Sterling Biotech Limited and accused in Rs 5,000 cro
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ED seeks non-bailable warrant against 4 in Rs 5,000 cr bank loan fraud
Updated : 7 years, 2 months ago IST
New Delhi [India], Dec 24 (ANI): The Enforcement Directorate (ED) has moved to Delhi's Patiala Court for open-ended non-bailable warrants against four promoters of Sterling Group in connection with an alleged Rs 5,000 crore bank loan fraud case.
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Sterling Biotech case: ED seeks fugitive offender tag for owners
Updated : 7 years, 4 months ago IST
New Delhi [India] Oct 27 (ANI): The Enforcement Directorate (ED) on Friday moved a special court seeking a fugitive tag against Sterling Biotech promoters under Section 4 of the Fugitive Economic Offenders Act in connection with Rs 8,100 crore bank loan fraud case.
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Bank loan fraud: ED files charge sheet against Sterling Biotech
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 23 (ANI): The Enforcement Directorate on Tuesday filed a supplementary charge sheet under the Prevention of Money Laundering Act, 2002 (PMLA) against promoters of Gujarat -based pharma firm Sterling Biotech and its directors - S. Nitin Sandesara and Chetan Sandesara-
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CBI seizes Gutka ingredients from Annamalai Industries
Updated : 7 years, 6 months ago IST
Chennai (Tamil Nadu) [India], Sep 14 (ANI): A day after the Central Bureau of Investigation (CBI) seized tonnes of Gutka ingredients and 53 machines from the Annamalai Industries, five arrested accused were produced before a CBI court on Friday. The promoters and directors of the company, al
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ShiftKarado receives Rs. 5 crore funding from Star WorldWide Group
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 12 (ANI): ShiftKarado, a tech-oriented packing and moving company, has announced raising of funding worth Rs. 5 Crore from Star WorldWide Group and Promoters.
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16 Amrapali properties to be sold to complete unfinished projects: SC
Updated : 7 years, 6 months ago IST
New Delhi [India], Sept 6 (ANI): The Supreme Court on Thursday observed that initially 16 properties of Amrapali Group in India, including commercials, would be auctioned and later on the personal properties of the real estate company's promoters and directors will be auctioned or sold to ge
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IIFL Asset Management appoints Pranob Gupta, Abhinav Jain to lead structur
Updated : 7 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 23 (ANI-BusinessWireIndia): IIFL Asset Management, part of IIFL Investment Managers, announced the appointments of Pranob Gupta and Abhinav Jain to lead the structured debt fund under the Alternative Investment Fund management platform. The duo will lead inv
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Max Group promoters clarify position on SEBI order regarding consolidation
Updated : 7 years, 8 months ago IST
New Delhi [India], July 16 (NewsVoir): Max Group's Promoters issued a clarification on Wednesday, 11th July 2018, in relation to various news pieces published recently titled "SEBI rejects Max Group family trust's request for open offer exemptions."
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