Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.
The firms said to make JV with 50:50 equity participation.
In conversation with Sheetal Agarwal of IIFL, the Founder of the company outlines his growth strategy, macro opportunities and fund-raising plans.
Purchase done through open market transactions.
The portfolio consists of bad loans given to Xrbia group.
Mohanty is currently serving as the MD and CEO of LIC Housing Finance.
Sale done at an average price of Rs 686.07 per share.
Bonds will be privately placed.
Bank of Baroda Financial Solutions Ltd (BFSL) is a 100% owned subsidiary of Bank of Baroda.
Returning of DRHP means that SEBI has not approved the IPO of the two companies for the time being.