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Diamond Power Infrastructure provides update on investment offer by CKP Power Finserve

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Capital Market
Last Updated : Aug 10 2017 | 3:01 PM IST

For acquisition of 75% stake held by lenders

Diamond Power Infrastructure announced that in reference to the proposal of acquisition of 75% stake held by the lenders for which proposal was received from CKP Power Finserve, the said offer has expired after five extensions and not further extended by the investors as 100% lenders approval was not in place before expiry of the said offer.

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First Published: Aug 10 2017 | 2:36 PM IST

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