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Suraksha Realty

Anti-monopoly watchdog okays Suraksha's plan to acquire Jaypee Infratech

Infrastructure

26 July, 2021

Anti-monopoly watchdog okays Suraksha's plan to acquire Jaypee Infratech

Real estate major Suraksha Group has received approval from the Competition Commission of India (CCI) to acquire bankrupt township developer ......

Jaypee Infratech lenders to consider bids on Thursday; Suraksha revises offer

Infrastructure

08 June, 2021

Jaypee Infratech lenders to consider bids on Thursday; Suraksha revises offer

Bankrupt realty developer Jaypee Infratech's committee of creditors (CoC) will consider bids of both state-owned NBCC (India) Ltd and realty ......

Lenders defer vote on Jaypee Infratech winner as suitors allowed two more days to revise bids

Infrastructure

24 May, 2021

Lenders defer vote on Jaypee Infratech winner as suitors allowed two more days to revise bids

Lenders of bankrupt Jaypee Infratech today decided to defer vote on the winning resolution plan, giving two more days to ......

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Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner

Infrastructure

21 May, 2021

Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner

The long-drawn-out battle for bankrupt real estate developer Jaypee Infratech will likely come to an end next week as the ......

Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech

Finance

03 March, 2020

Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech

The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire debt-ridden ......

Jaypee Infratech creditors approve NBCC's revised takeover offer

Infrastructure

17 December, 2019

Jaypee Infratech creditors approve NBCC's revised takeover offer

State-run NBCC (India) Ltd said on Tuesday its revised takeover offer for township developer Jaypee Infratech Ltd has been approved ......

Falcon Edge may back Stanza Living; Jaypee Infratech to vote on NBCC's revised bid

General

15 May, 2019

Falcon Edge may back Stanza Living; Jaypee Infratech to vote on NBCC's revised bid

Delhi-based student accommodation platform Stanza Living is in the process of securing $30 million (Rs 210 crore at current exchange ......

Tiger Global may back Sirion Labs; NCLT extends Jaypee Infratech's bankruptcy process

General

07 May, 2019

Tiger Global may back Sirion Labs; NCLT extends Jaypee Infratech's bankruptcy process

US-based investment firm Tiger Global Management is in discussions to pick up a significant minority stake in software-as-a-service provider firm ......

Jaypee Infratech creditors reject Suraksha Realty's offer

Infrastructure

04 May, 2019

Jaypee Infratech creditors reject Suraksha Realty's offer

Creditors to debt-laden Jaypee Infratech Ltd have rejected a bid by a Suraksha Realty-led consortium, giving state-run NBCC (India) Ltd ......