IDBI Trustee allows vote in RHFL after Bombay HC go ahead

In a notice to the stock exchanges IDBI Trusteeship has called for a meeting of debenture holders of RHFL on May 13. Lenders to RHFL led by Bank of Baroda (BoB) and Yes Bank had already approved Authum’s plan in June last year but bond holders constitute 41% of the debt.

from Stocks-Markets-Economic Times https://ift.tt/oihcl1s
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