NARCL<\/a> had given a conditional offer to acquire GTL<\/a> loans a fortnight ago. It offered ₹360 crore if the debt was acquired while the company was outside insolvency proceedings. However, the offer would be ₹100 crore if the bankruptcy<\/a> court admits it for insolvency proceedings during the interim period.
\"Lenders informed officials of NARCL that they are not willing to accept the offer, not only because it is too low but also because it is conditional,\" said a senior official involved in advising NARCL.
Lenders also informed NARCL that they would not sell the loan below ₹550 crore since the liquidation value itself was about ₹540 crore, the people said.
On Monday, NARCL informed lenders that it would not be in a position to give an improved offer and had thus withdrawn GLT from its list of companies to acquire, the people cited above said.
NARCL did not respond to ET's request for comment.
Canara Bank<\/a> has filed a petition with the National Company Law Tribunal<\/a> to admit the company for corporate insolvency.
According to the company's annual report, it had ₹4,383 crore in borrowings at the end of fiscal 2022 against ₹4,881.9 crore a year earlier. \"The reduction in borrowing is on account of the appropriation of the amount realised towards the sale of invoked shares of GTL Infrastructure<\/a> and its promoters' holdings by lenders against the rupee loans,\" the annual report said.
The ₹360 crore offer by NARCL is likely on loans of ₹3,000 crore even though the company had a debt of over ₹4,300 crore. This is because NARCL does not plan to acquire loans from Standard Chartered Bank<\/a> and JM Financial<\/a> ARC, which are part of the consortium of lenders. It would also not acquire ₹707 crore in external commercial loans raised by GTL.
GTL's sister concern, GTL Infrastructure<\/a>, owns and operates 26,000 telecom towers in the country's 22 telecom circles. It offers services to all telecom operators: BSNL, MTNL<\/a>, Vodafone Idea<\/a>, Bharti Airtel<\/a> and Reliance Jio<\/a>. GTL Ltd<\/a> is the network operator and maintenance service provider for GTL Infra<\/a>.
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NARCL撤回要约收购GTL
NARCL送给一个条件两周前提供收购GTL贷款。它提供₹360卢比的如果债务收购而破产诉讼外的公司。然而,提供将₹100卢比的如果破产的破产法庭承认程序过渡时期。
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国家资产重建公司印度NARCL),由政府推动的坏账银行,已撤回其报价收购的债务GTL,理由是它将无法匹配银行预期,说两个人意识到发展。
NARCL给了一个条件提供收购GTL贷款两周前。它提供₹360卢比的如果债务收购而破产诉讼外的公司。然而,提供₹100卢比的如果破产法院承认破产程序在过渡时期。
“银行通知NARCL官员,他们不愿意接受报价,不仅因为它是太低,还因为它是有条件的,”一名高级官员表示参与建议NARCL。
银行通知NARCL说他们不会出售贷款低于₹550卢比的清算价值本身是₹540卢比,知情人士说。
周一,NARCL通知银行,它不会在一个位置给一种改进提供,因此撤回GLT从公司获得的列表,上面说的人说。
NARCL没有回应记者的置评的请求。
Canara银行提交了一份请愿书的国家公司法法庭承认公司破产的公司。
据该公司的年度报告,₹4383卢比的借款2022财年年底对₹4881 .9卢比。“减少借款的数额的拨款意识到对出售股份的调用GTL基础设施及其启动子的控股银行兑卢比贷款,”年度报告说。
₹360卢比提供₹NARCL可能贷款的3000卢比的尽管该公司债务超过₹4300卢比。这是因为NARCL不打算获得贷款渣打银行(Standard Chartered Bank)和JM金融弧,银行财团的一部分。它也不会获得₹GTL提出的707卢比的外部商业贷款。
GTL的妹妹担忧,GTL基础设施拥有并经营着26000年电信塔在全国22个电信圈。它提供了所有电信运营商服务:BSNL,MTNL,沃达丰的想法,Bharti Airtel和依赖Jio。GTL有限公司网络运营商和维修服务提供者GTL下文。
NARCL给了一个条件提供收购GTL贷款两周前。它提供₹360卢比的如果债务收购而破产诉讼外的公司。然而,提供₹100卢比的如果破产法院承认破产程序在过渡时期。
“银行通知NARCL官员,他们不愿意接受报价,不仅因为它是太低,还因为它是有条件的,”一名高级官员表示参与建议NARCL。
银行通知NARCL说他们不会出售贷款低于₹550卢比的清算价值本身是₹540卢比,知情人士说。
周一,NARCL通知银行,它不会在一个位置给一种改进提供,因此撤回GLT从公司获得的列表,上面说的人说。
NARCL没有回应记者的置评的请求。
Canara银行提交了一份请愿书的国家公司法法庭承认公司破产的公司。
据该公司的年度报告,₹4383卢比的借款2022财年年底对₹4881 .9卢比。“减少借款的数额的拨款意识到对出售股份的调用GTL基础设施及其启动子的控股银行兑卢比贷款,”年度报告说。
₹360卢比提供₹NARCL可能贷款的3000卢比的尽管该公司债务超过₹4300卢比。这是因为NARCL不打算获得贷款渣打银行(Standard Chartered Bank)和JM金融弧,银行财团的一部分。它也不会获得₹GTL提出的707卢比的外部商业贷款。
GTL的妹妹担忧,GTL基础设施拥有并经营着26000年电信塔在全国22个电信圈。它提供了所有电信运营商服务:BSNL,MTNL,沃达丰的想法,Bharti Airtel和依赖Jio。GTL有限公司网络运营商和维修服务提供者GTL下文。
