Ajay Piramal wins the most contested bankruptcy bid for Dewan Housing Finance Ltd

Piramal’s bid received about 94 percent of votes of the creditors, followed by Oaktree at 45 percent, sources told ET. Adani Capital obtained about 18 percent, people said people familiar with the voting pattern. Lenders/investors have the option to vote for multiple bids.

from Banking/Finance-Industry-Economic Times https://ift.tt/3sDmMQW