The tribunal has allowed Axis Bank to invoke the shares pledged in its favour and asked the Securities and Exchange Board of India (Sebi) to restore the pledge in favour of the other banks within four weeks and also compensate them.
SP Group weighs Rs 3,500 crore debt repayment options
Shapoorji Pallonji Group is exploring debt options for a ₹3,500 crore repayment. The central bank’s Tata Sons listing mandate offers investors a clear repayment path.