Binani Cement Lenders to Discuss UltraTech Revised Bid On May 9

The Binani Committee of Creditors (CoC) is likely to meet on May 9 and discuss the revised bid of UltraTech Cement valued at around Rs 7,900 crore for the debt-laden Binani Cement. "The CoC is meeting on Wednesday (May 9)," sources close to the development told PTI. Ultra Tech has already submitted its revised offer with the Resolution Professional but the exact bid value is not known. The Kolkata bench of National Company Law Tribun...