NBCC, Suraksha submit revised bids for Jaypee Infra

State-owned NBCC and Suraksha group, which are on the fray to acquire Jaypee NSE 0.00 % Infratech Ltd (JIL) through an insolvency resolution process, have submitted their revised bids and have also clarified issues raised by financial creditors. The companies have also improved their offers, which were submitted to the Committee of Creditors (CoC) on Tuesday.

Construction firm NBCC submitted its bid just before midnight while Mumbai-based realty firm Suraksha submitted its resolution plan on Tuesday afternoon, sources said.

The deadline to submit the bids was Tuesday.