Srei resolution: Varde Partners-Arena consortium submits revised bid, CoC voting after plan viability report
Plans of the resolution applicants will be put up for voting after submission of a viability report by Dun & Bradstreet on the offers vying to acquire assets of debt-ridden Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL).
The consortium was allowed time till midnight of Saturday to make a bid compliant with norms for the debt-laden Srei group entities, Image source-