Hinduja Group-backed IndusInd International Holdings (IIHL) has filed an application with the National Company Law Tribunal (NCLT) indicating its readiness to pay Rs 2,750 crore as part of its plan to acquire the bankrupt Reliance Capital (RCap).
IIHL plans to fund the resolution strategy through a combination of Rs 7,300 crore in borrowings and the Rs 2,750 crore equity.