Kanorias offer full payment of dues to regain Srei control

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According to Media Report's Promoters of Srei group, the Kanoria family has proposed to make full payment to lenders

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In a last-ditch attempt to regain control over the two bankrupt

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financial services firms that are in the last stage of debt resolution under corporate insolvency

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Adisri Commercial, the group's promoters along with Hemant Kanoria

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Gave its resolution plan to Rajneesh Sharma, administrator of Srei Equipment Finance Ltd (SEFL) and Srei Infrastructure Finance Ltd (SIFL)

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The Offer from Kanoria to settle the entire claim of over Rs 32,000 crore

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when lenders have begun voting on three resolution plans

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