CLEARWATER CAPITAL ABU DHABI INVESTMENT COUNCIL
Altico’s lenders rope in SBI caps, EY to work on resolution plan
Troubled NBFC, too, working on a turnaround plan with the help of Alvarez & Marshal.
Altico defaults on interest payment, raises concern
India Ratings cut the creditworthiness of foreign private equity-backed Altico Capital to...
Global funds in revival talks with Altico lenders
Altico got into trouble last month after it failed to pay Rs 19.97 crore in interest paymen...
Altico Capital exits Phoenix Group's IT-SEZ project in Hyderabad
Developer prepays Rs 250 crore loan it had raised from Altico
SBI chief slams 'selfish' private sector bank for Altico crisis
The default by Altico has resulted in concerns over the wider implications.
Varde Capital proposes Rs 1,000 crore equity infusion in Altico Capital
Over a month ago, Altico Capital had presented a resolution plan to lenders.
Part-owner Varde may invest ₹ 1k crore in Altico Capital
US-based Varde plans to repay the lenders in full; Altico CEO Sanjeev Agrawal resigns
Altico Capital invests Rs 100 crore more in Pune realtor Pharande
NBFC has so far granted Rs 600 crore towards projects of the developer
Real estate exposure bleeds Altico Capital
The company’s main focus is on lending to builders and other real estate companies.
Naina Lal Kidwai appointed Altico Cap’s independent chairperson
Current chairman Robert Petty is stepping down while continuing to remain on the board as non-executive director
Altico Capital invests Rs 1,250 crore in 5 realty deals
Of these markets, Altico has invested Rs 500 crore through two deals with Hyderabad-based Phoenix Group for construction and development of IT SEZ projects.
Altico expects to lend Rs 3,000 crore in H2: CEO Sanjay Grewal
Altico's loan book of Rs 4,371 crore as of September end is diversified across seven cities with last-mile financing forming close to 50% of its portfolio.
Altico Capital: Sachin Bansal, Reliance Mutual Fund face defaults on outstanding debt
Altico has bonds worth a total Rs 1,808 crore that will mature between now and May 2022, India Ratings data showed.
Kumar Urban raises Rs 300 crore from Altico Capital
KUL Ecoloch is a mid-income project with total saleable area of over 3 million sq ft. Phase 1 of the project is partially delivered, while phase 2 and 3 are currently under construction.
Altico cap has bond repayment of Rs 95 crore due in two weeks
Another series of bonds worth Rs 30 crore is scheduled to mature late December.
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