VERIFIEDET Markets·27 May 2026neutral

JM Financial ARC top bidder for Rs 971-cr DLI debt

AI Summary

·JM Financial ARC is the preferred bidder for Distribution Logistics Infrastructure's ₹971 crore debt.
·JM Financial ARC offered ₹621 crore for the debt.
·Lenders, led by Bank of Baroda, are expected to recover 64% of the debt.