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Nithia Capital, CarVal Investors complete acquisition of two Uttam Galva units

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05 January, 2021

Nithia Capital, CarVal Investors complete acquisition of two Uttam Galva units

Seven months after court approval, UK-based distressed steel investor Nithia Capital and American global alternative investment manager CarVal Investors have ......

NCLT approves CarVal's bid for Uttam Value Steels

Manufacturing

04 May, 2020

NCLT approves CarVal's bid for Uttam Value Steels

The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by a consortium of CarVal Investors and UK-based ......

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Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets

Manufacturing

27 August, 2019

Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets

Nithia Capital Resources Advisors LLP, a London-based alternative investment manager and advisory firm, aims to acquire four to five steel ......

SSG Capital challenges CarVal-Arcil offer to buy Uttam Galva units

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09 May, 2019

SSG Capital challenges CarVal-Arcil offer to buy Uttam Galva units

Hong Kong-based SSG Capital has moved the National Company Law Tribunal (NCLT) against the lenders’ acceptance of Rs 2,500 crore ......

CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units

Manufacturing

24 April, 2019

CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units

A consortium of US-based distressed assets investor CarVal Investors and Asset Reconstruction Company of India Ltd (Arcil) has moved a ......