NCLAT directs NCLT to decide over SREI's plea against rights issue of Trinity Alternative Investment
A two-member NCLAT bench, while disposing of SREI Infrastructure Finance Ltd (SIFL) petition observed that the National Company Law Tribunal (NCLT) has ordered a status quo and is yet to pass any order over the plea filed by the non-banking financial company.
L&T Finance reports 12% growth in net profits during Q3'21-22The company intensified its focus on retail loans which rose 29 per cent year-on-year to Rs 7600 crore. 2.0. The company’s retail portfolio mix now stands at 50% (up from 40% in Q3FY21), in line with its stated strategic objective.
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