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Reputation: 642,729  •  Oct 8, 2023 7:01 PM
NCLT directs Swan Energy to make upfront payment for Reliance Naval
NCLT directs Swan Energy to make upfront payment for Reliance Naval
Swan Energy, the company that won the bid to buy Reliance Naval and Engineering Ltd, has been asked by the Ahmedabad bench of NCLT to make the upfront payment as proposed in the resolution plan. Swan Energy has not made the payment of around Rs 250 crore and has requested a third extension.
The Economic Times

https://economictimes.indiatimes.com/industry/indl-goods/...
#RNAVAL #SWANENERGY

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NSE:SWANENERGY price when posted: 297.55