As many as eight entities, including Edelweiss Asset Reconstruction Company and SREI Infrastructure Finance, have submitted their proposed resolution plans for four bankrupt Adhunik Group companies, which are under the corporate insolvency resolution process. Twenty-four firms had expressed interest in submitting resolution plans for the four companiesAdhunik Metaliks, Orissa Manganese & Minerals, Zion Steel and Adhunik Alloys & Power. Finally, seven-to-eight entities, including Edelweiss ARC, Srei and Rashmi Group, have submitted their proposed p…
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