{"id":621926,"date":"2023-12-11T10:47:53","date_gmt":"2023-12-11T05:17:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=621926"},"modified":"2023-12-11T12:14:40","modified_gmt":"2023-12-11T06:44:40","slug":"swan-energy-gets-nod-to-reconstitute-reliance-navals-board","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/swan-energy-gets-nod-to-reconstitute-reliance-navals-board\/","title":{"rendered":"Swan Energy gets nod to reconstitute Reliance Naval\u2019s board"},"content":{"rendered":"<p>Swan Energy (SEL), the successful resolution applicant for Reliance Naval and Engineering (RNEL), has got the bankruptcy court\u2019s approval to reconstitute the latter\u2019s board, paving way for its formal takeover. <\/p>\n<p>The monitoring committee of RNEL approved the constitution of a new board at its meeting held on Friday. The committee also cleared the firm\u2019s standalone financial results and allotment of 50 million shares to a special purpose vehicle (SPV) among others, Swan Energy said in a regulatory update.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swan Energy (SEL), the successful resolution applicant for Reliance Naval and Engineering (RNEL), has got the bankruptcy court\u2019s approval to reconstitute the latter\u2019s board, paving way for its formal takeover. The monitoring committee of RNEL approved the constitution of a new board at its meeting held on Friday. The committee also cleared the firm\u2019s standalone financial results and allotment of 50 million shares to a special purpose vehicle (SPV) among others, Swan Energy said in a regulatory update.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-621926","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=621926"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621926\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=621926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=621926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=621926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}