The lenders to Altico Capital India Ltd (ACIL) have unanimously approved Hong Kong-based SSG Capital’s resolution plan. The offer includes an upfront cash offer of ₹2,754 crore and certain security ...
Lenders to Altico Capital have voted in favour of the resolution plan proposed by special situations fund SSG Capital, a person aware of the development said. The person said that the voting began on ...
Altico Capital on Friday filed an application with the Reserve Bank of India (RBI) to transfer the ownership to Hong Kong-based SSG Capital from existing investors — Clearwater Capital Partners, Varde ...