Business Standard

Saturday, December 21, 2024 | 10:25 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Adani, Sunteck Realty, Suraksha Asset show interest in acquiring HDIL

The invitation for EOI was first published in February and subsequently revised five times till July. Submission of EOI was closed on July 31

HDIL logo
Premium

Shares of HDIL on the BSE surged on the development. Currently, its shares on the BSE are at Rs 3.16, higher by 4.98 per cent from its previous close.

IANS
Adani Properties, Sunteck Realty and Suraksha Asset Reconstruction Ltd are among the companies which have submitted Expressions of Interest (EoI) to acquire the insolvent Housing Development and Infrastructure Limited (HDIL).

In a regulatory filing on Tuesday, HDIL said that bids of the three companies have been found eligible while, that of three other interested parties -- International Asset Reconstruction Company Pvt Ltd, NS Software and Harsha Vardhan Reddy were found to be ineligible.

"The Resolution Professional has received 6 (Six) EOI from interested parties," it said.

The invitation for EOI was first published in February and subsequently revised five times

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in