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Videocon is amongst the top global consumer durable companies with a strong technology focus and has constantly evolved to fit consumer's need. Visit us at: www.videoconworld.com for more details. ...
The court noted that the reserves and surpluses of Videocon Industries, as declared in the financial statements in 2014, stood at ₹ 10,028.09 crore and for fiscal year 2019 at ₹ 2,972.73 crore ...
Oct 21, 2020 · The Dhoot family has offered to pay Rs 30,000 crore to lenders to settle their outstanding loans and pull out 13 Videocon group companies from the insolvency proceedings. A proposal for paying the amount has been forwarded to the Committee of Creditors (CoC) of the Videocon Industries, Venugopal Dhoot told PTI.
Aug 8, 2021 · The strange case of Videocon’s insolvency. The twists and turns in the Videocon bankruptcy proceedings have called into question the integrity of the IBC, which was touted as a game-changing mechanism to resolve the problem of bad debt. Venugopal Dhoot, the defaulting promoter of the Videocon group. The multiple encounters of the now-bankrupt ...
Apr 5, 2019 · Videocon Telecom, a subsidiary, owes as a part of financial claims a whopping ₹24,302 crore to banks and other financial institutions. Videocon Telecom owes the maximum to SBI to the tune of ...
Oct 6, 2023 · VIDEOCON INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/10/2023 ,inter alia, to consider and approve Pursuant to Regulation 29(1) of the Securities and Exchange Board of India (LODR) Regulations, 2015, and in furtherance of the previous disclosures made by Videocon Industries Limited ("Company") in respect of its status of ...
The total claims among the different Videocon Group companies totalled a massive Rs 88000 Crore, thus breaking all records of bankruptcy cases seen so far. You might be thinking that if the process commenced in 2018, it should have been finished by now. But how can we expect anything else when this large group of 13 companies is becoming insolvent.
