Source: business fast

Sintex: https://www.businessfast.co.uk/axis-bank-turns-down-plan-to-distribute-sintex-sale-proceeds/

Resolution of bankrupt textile company Sintex Industries is likely to be delayed as Axis Bank has objected to the proposed distribution of proceeds from its sale to Reliance Industries and Assets Care and Reconstruction Company (ACRE), two people in the know said.

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Est. Annual Revenue
$100-500M
Est. Employees
5.0-10K
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Managing Director

Rahul A Patel

CEO Approval Rating

56/100

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