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Reliance Naval extends deadline for bid submission by a month


The decision to extend the deadline has been taken because lenders were unhappy with the expressions of interest (EoIs) received so far, sources close to development told FE.

A company with a minimum net worth of Rs 600 crore and a consolidated group turnover of at least Rs 2,000 crore can bid for Reliance Naval and Engineering.

By Ankur Mishra

The resolution professional (RP) of the beleaguered Reliance Naval and Engineering has extended the deadline for submission of bids by a month. The decision to extend the deadline has been taken because lenders were unhappy with the expressions of ...


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