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Dhoot family offers to repay lenders ₹30,000 cr in Videocon case
short by Kiran Khatri / on Wednesday, 21 October, 2020
Venugopal Dhoot's family, erstwhile promoters of the Videocon Group, has offered to pay ₹30,000 crore to lenders to settle outstanding loans and pull out 13 of the group's companies from insolvency proceedings. Dhoot, who was the Chairman and MD of the suspended board of Videocon Industries, said he expects a final decision on the offer within the next 30-60 days.