Kwality net loss narrows to Rs 14.52 crore in September quarter
NEW DELHI: Debt-ridden dairy firm Kwality on Thursday reported narrowing of its consolidated net loss to Rs 14.52 crore for the September 2020 quarter. Its net loss stood at Rs 18.36 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. The company’s net income during July-September 2020 declined to […]
NCLT asks Kwality lenders to reconsider Haldiram’s Rs 145 crore revised offer
NEW DELHI: The National Company Law Tribunal (NCLT) has directed the lenders of Kwality Ltd to reconsider the revised Rs 145-crore offer by Haldiram Snacks to acquire the debt-ridden dairy firm. The Delhi-based bench of the tribunal has also extended the Corporate Insolvency Resolution period by another three weeks and directed the Committee of Creditor […]