Asset reconstruction companies are showing interest in DLI Logistics Ltd. A promoter proposed a settlement of ₹590 crore against outstanding dues. Lenders have invited binding bids on a cash basis. A Swiss challenge auction is scheduled for October 27. The reserve price is ₹590 crore. The minimum bid price is ₹619.50 crore.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets