SENSEX
NIFTY
GOLD
USD/INR

Weather

image 25    C

Personal Finance News

The Economic Times

Personal Finance / The Economic Times

details

NARCL set to acquire debt of Kay Bouvet Engineering

Specialised equipment maker Kay Bouvet Engineering's Rs 1,000 crore debt is poised for takeover by NARCL. Banks will see a 13% recovery through NARCL's Rs 130 crore offer, which faced no competition in a Swiss challenge auction. This marks a potential final acquisition for the bad loan aggregator this fiscal year.

28 Mar 2026 7:38 am