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Latest Articles in lanco infratech

Indian Bank Declares Lanco Infra, Basundhara Green Power As Fraud A/Cs With Rs 589 Cr Exposure

Indian Bank said it has held a provision of an equal amount, Rs 577.47 crore, against this account.

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Lanco Infratech To File For Potential Liquidation

The company did not give details of the proposal, but said its administrator would also seek a ruling from the bankruptcy court on a revised proposal given by Thriveni on May 1

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Lanco Plans To Raise Up To $1 Billion Via Stake Sale, Unit Listing

Lanco Infratech Ltd is looking to raise between $750 million and $1 billion over the next 18 months through a stake sale and listing of its power assets to cut its debt, its chief financial officer said on Tuesday.

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