RattanIndia Power Limited has raised a loan of ₹1,114 crore in a transaction led by Kotak Mahindra Bank, said the leading thermal power company in a regulatory filing to the stock exchanges on June 25. In its statement, the company said that in December 2019, it had reached a resolution with its previous lenders regarding […]
Kotak Credit Funds invest Rs 732 crore in RattanIndia Power – EQ Mag
The infusion is part of the total investment of Rs 1,125 crore by a consortium of lenders Kotak Investment Advisors Ltd’s (KICL’s) two funds have invested Rs 732 crore in the non-convertible debentures (NCDs) of RattanIndia Power Limited (RIPL). This investment is part of the total investment of Rs 1,125 crore by a consortium of […]
Brijesh Gupta has been appointed as the new managing director of RattanIndia Power – EQ Mag Pro
Brijesh Gupta has been appointed as the new managing director of RattanIndia Power. For more information please see below link:
RattanIndia Power closes one-time resolution of Rs 6.5K crore debt
Under the settlement deal, existing lenders have assigned the principal debt to new investors and lenders, including Goldman Sachs and Varde Partners. New Delhi: Private power producer RattanIndia Power on Monday said it has closed one-time settlement of Rs 6,574 crore debt raised from a consortium of lenders led by SBI and PFC. Under the […]