Sumeet Industries' lenders ask initial bidder to raise offer https://ift.tt/S8gBoQH has been classified as a non-performing account (NPA) with banks for more than three years. It owes lenders led by the Bank of Baroda (BoB) more than ₹900 crore including about ₹530 crore in principal. Lenders expect to recover at least 47% of their principal dues by asking Gajera to better its offer.
Sunday, September 3, 2023
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