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CCI approves SREI Infra Finance's acquisition by NARCL, IDRCL

CCI approves SREI Infra Finance's acquisition by NARCL, IDRCL

Apr 08, 2023, at 04:42 am

New Delhi: The Competition Commission of India (CCI) announced on Thursday that it has given the green light for National Asset Reconstruction Company Ltd (NARCL) and India Debt Resolution Company Ltd (IDRCL) to acquire SREI Infrastructure Finance.

NARCL wins bids for two Srei companies undergoing insolvency

NARCL wins bids for two Srei companies undergoing insolvency

Feb 16, 2023, at 07:55 am

Mumbai/IBNS: National Asset Reconstruction Company Ltd (NARCL) has won the bid for Srei group's two companies—Srei Infrastructure Finance Ltd and Srei Equipment Finance Ltd, media reports said.

RBI moves NCLT to start insolvency proceedings against SREI group firms

RBI moves NCLT to start insolvency proceedings against SREI group firms

Oct 08, 2021, at 09:09 pm

Kolkata/IBNS: The Reserve Bank of India (RBI) has petitioned the National Company Law Tribunal (NCLT) to start insolvency proceedings against SREI group firms, media reports said quoting sources.

Srei to continue to focus on equipment finance business, merges it with lending business

Srei to continue to focus on equipment finance business, merges it with lending business

Jul 06, 2019, at 02:33 pm

Kolkata, July 6, (IBNS): Srei Infrastructure Finance Limited (Srei) and its wholly-owned subsidiary Srei Equipment Finance Limited (Srei Equipment) has been merged into one unit, the company said in a recent release

Srei reports consolidated PAT of Rs 486.78 crore in FY19

Srei reports consolidated PAT of Rs 486.78 crore in FY19

May 26, 2019, at 02:30 pm

Kolkata, May 26 (UNI): Srei Infrastructure Finance Limited (Srei), an infrastructure institutions, has reported a consolidated profit after tax (PAT) of Rs 486.78 crore during the financial year ended March 31, 2019 as compared to Rs 377.29 crore in the previous year, registering a growth of 29 per cent.

Srei Equipment, Syndicate Bank to jointly provide equipment financing under co-lending arrangement

Srei Equipment, Syndicate Bank to jointly provide equipment financing under co-lending arrangement

Feb 21, 2019, at 01:05 pm

Kolkata, Feb 21 (UNI) Srei Equipment Finance Limited ("Srei Equipment"), a wholly-owned  subsidiary of Srei Infrastructure Finance Limited ("Srei"), on Thursday announced that it has partnered with Syndicate Bank to jointly provide equipment financing under co-lending arrangement for various equipment categories like construction, mining, material handling, commercial vehicles, medical and farm equipment.