A majority of lenders did not favour accepting a non-compliant EMD since that would require changing the terms of the RFP and reinviting bids. Some lenders, however, were worried that the alternative option – liquidation of the twin Srei companies – will result in lower recoveries.
Torrent Power shares zoom 7% after 33% YoY jump in Q3 PAT
Torrent Power share price: The company also experienced consistent revenue growth. For Q3 FY25, revenue from operations was Rs 6,499 crore, marking a 2% increase
February 5, 2025