scorecardresearchReliance Capital suitors seek extension of up to 4 months for submission of binding bids

Reliance Capital suitors seek extension of up to 4 months for submission of binding bids

Updated: 12 Sep 2022, 07:58 AM IST
TL;DR.
US-based asset management fund Advent has sought extension by 16 weeks, while Piramal Finance has sought additional time of 12 weeks, that is till December, sources said.
Anil Ambani, Chairman of Reliance Group, arrives to attend the funeral of Cyrus Mistry, former chairman of Indian conglomerate Tata Sons, in Mumbai, India, Tuesday, Sept. 6, 2022. The Indian-born Irish businessman died in an accident on Sunday after his car crashed into a road divider in western India, police said. He was 54. (AP Photo/Rafiq Maqbool)

Anil Ambani, Chairman of Reliance Group, arrives to attend the funeral of Cyrus Mistry, former chairman of Indian conglomerate Tata Sons, in Mumbai, India, Tuesday, Sept. 6, 2022. The Indian-born Irish businessman died in an accident on Sunday after his car crashed into a road divider in western India, police said. He was 54. (AP Photo/Rafiq Maqbool)