Srei Infrastructure Finance

SREI Infra Consolidated September 2023 Net Sales at Rs 171.04 crore, down 62.83% Y-o-Y

SREI Infra Standalone September 2023 Net Sales at Rs 2.33 crore, down 58.02% Y-o-Y

SREI Infra Consolidated June 2023 Net Sales at Rs 188.96 crore, down 68.26% Y-o-Y

SREI Infra Standalone June 2023 Net Sales at Rs 2.73 crore, down 49.44% Y-o-Y

SREI Infra Consolidated March 2023 Net Sales at Rs 247.81 crore, down 67.97% Y-o-Y

SREI Infra Standalone March 2023 Net Sales at Rs 5.06 crore, down 28.53% Y-o-Y

SREI Infra Consolidated December 2022 Net Sales at Rs 240.91 crore, down 71.13% Y-o-Y

SREI Infra Standalone December 2022 Net Sales at Rs 3.31 crore, down 48.28% Y-o-Y

NARCL likely to revive Srei group's infra financing arm SIFL, wind up SEFL after debt recovery

NARCL (National Asset Reconstruction Company) won the bid to take over the two Srei group firms -- SIFL and Srei Equipment Finance Ltd (SEFL) -- through an insolvency process.

Srei insolvency: NARCL wins bid for stressed twin NBFCs

The Committee of Creditors on Wednesday approved the plan submitted by NARCL, which offered a Net Present Value (NPV) bid of Rs 5,555 crore, after it received the highest vote of 89.2 per cent from verified creditors.

Srei insolvency: Kanorias' offer to pay off dues rejected under technical ground

Srei Equipment Finance Ltd and Srei Infrastructure Finance Ltd are currently undergoing insolvency proceedings in NCLT. The RBI has already superseded the respective boards earlier.

Varde-Arena consortium revises bid; emerges as highest bidder for Srei

On an aggregate basis as well, the Varde-Arena consortium has bid the highest amount totalling over Rs 14,000 crore, including bonds, OCDs and equity and upfront cash, the sources said.

SREI Infra Consolidated September 2022 Net Sales at Rs 460.16 crore, down 35.76% Y-o-Y

SREI Infra Standalone March 2022 Net Sales at Rs 7.08 crore, down 20.45% Y-o-Y

SREI Infra Consolidated March 2022 Net Sales at Rs 773.79 crore, up 36.35% Y-o-Y

SREI Infra Standalone December 2021 Net Sales at Rs 6.40 crore, up 188.77% Y-o-Y

SREI Infra Consolidated December 2021 Net Sales at Rs 834.42 crore, up 70.16% Y-o-Y

Srei Infrastructure share price locked in lower circuit after RBI supersedes board

The RBI has appointed Rajneesh Sharma, the former Chief General Manager at Bank of Baroda, as administrator

SREI Infra Standalone June 2021 Net Sales at Rs 5.24 crore, down 81.52% Y-o-Y

SREI Infra Consolidated June 2021 Net Sales at Rs 809.54 crore, down 31.89% Y-o-Y

SREI Infrastructure share price locked in 5% lower circuit even as company announces fund raising plans

The company’s board of directors in a meeting held on July 1 has decided to raise up to Rs 2,500 crore.

SREI Infrastructure shares locked in upper circuit on investment proposal for subsidiary

There were pending buy orders of 1,028,516 shares, with no sellers available.

SREI Infra shares hit 20% upper circuit on receiving expression of interest for $250 million capital infusion

The company’s Strategic Coordination Committee will be concluding discussions with the PE investors to bring capital into the business and advise the management. Ernst & Young will be advising the committee on the proposed fundraising exercise, the company has said.

Srei company secretary quits, more senior-level exits likely over next few weeks

Recently, the lenders to Srei had capped the salaries of senior executives and taken over control of finances in a desperate bid to recover their dues.

How Kolkata-based Srei Group is caught in a bitter stand-off with its raters, creditors

Raters cite a Delhi NCLAT ruling staying the Kolkata NCLT order for effecting downgrades. But Srei thinks raters’ action is unjust.