JC Flower ARC, Prudent submit bids for two NPAs of Yes Bank
In the initial bidding process, Prudent ARC made an offer of ₹165.6 crore for Katerra India, while JC Flower ARC proposed ₹133 crore for Indrajit Power. Interested bidders will have to submit offers at 7% mark-up to the base bid.Yes Bank has set the deadline for interested bidders to submit their offers by 7 February and plans to announce the highest bidder on 13 February.
Source: indiatimes.com
