December 17, 2017 4:23 AM ET

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Company Overview of Surya World Educational Research and Charitable Initiative

Company Overview

Surya World Educational Research and Charitable Initiative owns and operates a university. The company is headquartered in Patiala, India.

NH-1, Bapror


Patiala,  140417



91 76 266 6012

Key Executives for Surya World Educational Research and Charitable Initiative

Surya World Educational Research and Charitable Initiative does not have any Key Executives recorded.

Surya World Educational Research and Charitable Initiative Key Developments

SBI Puts Up Assets For Sale

Adhunik Power and Natural Resources Limited is the largest account, where the bank is looking to sell loans worth INR 8.07 billion and equity worth close to INR 2 billion. State Bank of India (NSEI:SBIN) has put up assets worth over INR 14.71 billion for sale to asset reconstruction companies (ARCs), according to a tender document on its website. This is the only high value account put up for sale. Other corporate accounts up for sale include Shelter Infra Projects Limited (BSE:526839) (INR 220 million of outstanding loans), Shiva Texfabs Limited (INR 3.207 billion), Surya World Educational Research and Charitable Initiative (INR 470 million), Rita Plastics Pvt Ltd (INR 210 million) and Teracom Limited (INR 540 milliob). Of these, Shelter Infra has been put up on auction to be sold on an all cash basis. According to the auction notice, SBI is inviting expressions of interest (EoI) from ARCs for the Adhunik Power account at a reserve price of INR 7.23 billion. Of this, the debt value is INR 6.99 billion and the equity value is set at INR 240 million. SBI has asked ARCs to submit their expression of interest by May 26, 2017 and has asked them to finish due diligence of the underlying assets by June 7, 2017. The process of e-bidding is expected to take place on June 9, 2017, the notice said.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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