NBFC Bazel International acquires footwear maker SR Industries through resolution process
Bazel International Ltd, a Non-Banking Financial Company (NBFC), has announced the acquisition of SR Industries Ltd. through the corporate resolution process facilitated by the National Company Law Tribunal (NCLT). “With this acquisition, Bazel becomes the majority shareholder of SR Industries and takes full ownership of its advanced footwear manufacturing plant in Una, Himachal Pradesh,” the…

