Wednesday, June 16, 2021

Siva Industries case: Why did banks agree to settle Rs 4,863 crore debt for just Rs 323 crore?

The amount is said to be even lower than the liquidation value of the company and will result in a loss of approximately Rs. 4,700 crore public money.

from Latest News https://www.dnaindia.com/business/report-siva-industries-case-why-did-banks-agree-to-settle-rs-4863-crore-debt-for-just-rs-323-crore-2895754
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