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Adani, Sunteck Realty show interest in acquiring HDIL
TIWN
Adani, Sunteck Realty show interest in acquiring HDIL
PHOTO : TIWN

Mumbai, Aug 4 (TIWN) Adani Properties, Sunteck Realty and Suraksha Asset Reconstruction Ltd are among the companies which have submitted Expressions of Interest (EoI) to acquire the insolvent Housing Development and Infrastructure Limited (HDIL).

In a regulatory filing on Tuesday, HDIL said that bids of the three companies have been found eligible while, that of three other interested parties -- International Asset Reconstruction Company Pvt Ltd, NS Software and Harsha Vardhan Reddy were found to be ineligible.

"The Resolution Professional has received 6 (Six) EOI from interested parties," it said.

The invitation for EOI was first published in February and subsequently revised five times till July. Submission of EOI was closed on July 31.

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