Assets of Rs 12K cr can clear dues: Mallya co to HC

United Breweries Holdings (UBHL), the holding company of Vijay Mallya’s UB Group, on Thursday said before the Karnataka High Court that the total value of its assets/shares exceeds Rs 12,400 crore at current market values and that can easily clear all outstanding dues, including the Rs 6,000-crore loans, with interest, owed by Kingfisher Airlines to its lenders.
Source: Market News

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *