NARCL rejigs boards of Srei twin companies after acquisition
Wed, Feb 28, 2024 11:25 AM

NARCL rejigs boards of Srei twin companies after acquisition

A Flip by Avya Verma
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The National Asset Reconstruction Company of India (NARCL), that acquired Srei Equipment Finance and Srei Infrastructure Finance, has reconstituted the boards of both companies. The government-backed asset reconstruction company appointed Shamik Roy, a veteran in the distressed loan segment who was earlier with HCC, IDBI Bank and Srei BNP Paribas, as chief executive officer.

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