IIHL to pay Reliance Capital’s lenders only after IRDAI approval: Ashok Hinduja
Ashok Hinduja. File photo: Arrangement IndusInd International Holdings Ltd (IIHL), the Mauritius-based Investment Holding Company, which had emerged as the successful bidder to acquire Reliance Capital Ltd (RCL) through the Corporate Insolvency Resolution Process under the Insolvency & Bankruptcy Code (IBC) for ₹9,661 crore said it would make the payment to RCL’s lenders only after…
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