Investment24 Feb 2025, 04:59 pm
Panth Infinity to Invest Rs. 100 Cr. in Yashraj Containers' Insolvency Resolution
AI Summary
Panth Infinity Ltd. has announced its decision to invest an amount up to Rs. 100 Crore in Yashraj Containers Limited, which is currently undergoing Corporate Insolvency Resolution Process (CIRP). This investment is aimed at resolving the insolvency process and covering other related costs. The decision comes as a follow-up to the company's earlier announcement on February 17, 2025, where it was included in the provisional list of prospective resolution applicants for Yashraj Containers Limited.
Key Highlights
- Panth Infinity to invest up to Rs. 100 Cr. in Yashraj Containers Limited
- Investment aimed at resolving insolvency process and covering other costs
- Follow-up to the company's earlier announcement on February 17, 2025
- Panth Infinity included in the provisional list of resolution applicants
- Yashraj Containers Limited currently undergoing Corporate Insolvency Resolution Process (CIRP)