Aditya Birla ARC, a joint venture, provided a 40% return to its investors. This is the highest among Indian asset reconstruction companies. The ARC invested ₹6,000 crore in stressed assets. It generated substantial profits from investments like KSK Mahanadi Power and Rattan India Power. However, the company plans to surrender its ARC license.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets