New Delhi, India — The National Company Law Tribunal’s New Delhi Bench has approved a repayment plan in the personal insolvency resolution process involving Essel Group founder Dr Subhash Chandra, providing for a ₹6.50 crore payout against admitted financial creditor claims of approximately ₹22,006.57 crore. Under the approved arrangement, ₹6.25 crore is earmarked for eligible financial creditors and ₹25 lakh for process costs, resulting in an estimated recovery of roughly 0.028% to 0.03% and a haircut of about 99.97%.
टैग: LIC Housing Finance
Upcoming Dividends, Stock Splits and Bonuses: Stocks in Focus This Week
MUMBAI, India — Several Indian stocks, including Bandhan Bank, Manappuram Finance, RVNL, Mazagon Dock Shipbuilders, LIC Housing Finance and Mahanagar Gas, are in focus this week amid corporate actions involving dividends, stock splits and bonus issues, according to the supplied market information.