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Staatsverbenit Indian Bank is planning to partially set up the importance in Asset Reconstruction Company ASREC (India) LTD and started exploring a buyer, Managing Director Binod Kumar told ET. The state bank owns 38.26% in ASREC. It wants to bring the ring to 30% by the end of this tax, Kumar said, even because it […]
Avenue Capital Group, State Bank of India, based in New York, a branch of the GIC of Singapore, and Federal Bank will sell 105.4 million shares, a 32.57% interest in Asset Reconstruction Company (India) LTD (Arcil), which marks the first public offer in India in India. The company submitted its concept of Red Herring Prospectus […]
Offer for sale to consist of a maximum of 105,463,892 shares of the nominal value of £ 10 each. Asset Reconstruction Company (India) LTD is planning an initial public offer (IPO) consisting of an offer for sale (OFS) of a maximum of 105,463,892 shares of the nominal value of £ 10 each. This will be […]
