kishore biyani

(FEL) has offered a one-time settlement (OTS) to lenders, indicating a 46% recovery for secured creditors, said people with knowledge of the matter. In all, the Kishore Biyani-promoted company is proposing a Rs 3,369 crore recovery to…

Debt-ridden (FEL) has defaulted on payment of interest of Rs 6.07 crore for its non-convertible debentures. The due date for payment was June 20, 2022, said a regulatory filing from FEL. "The Company is unable to service its…