After receiving three bids for the two Srei group companies under the corporate insolvency resolution process, the consolidated committee of creditors (CoC) decided to extend the deadline for submission of the resolution plans by prospective applicants till August 19.
Three bids have so far been received for the Srei group companies from New York-based investment firm Arena Investors, VFSI Holdings, an affiliate of Värde Investment Partners, and Shon Randhawa (lead partner) and Rajesh Viren Shah.
