After industrial gases manufacturer Goyal MG Gases failed to honour its commitment as the highest bidder for Avantha group’s Jhabua Power plant, lenders to the company are planning to re-invite ...

On Saturday, Yes Bank announced that its 8.74 percent stake in Jhabua Power had been extinguished as a result of the company's debt being resolved through the corporate insolvency procedure.

New Delhi, Jun 27 () Yes Bank on Saturday said it has acquired stake in unlisted Jhabua Power Ltd and Avantha Realty Ltd by invoking pledged shares following default on loans tendered to these firms.