Lenders approve Nazara’s resolution plan to buy Smaaash

Nazara’s resolution plan received 99% of the creditors’ vote in a process which was completed earlier this week. The second bidder-a consortium of financial services firm Resurgent India and Sanjay Lodha-did not increase its offer during negotiations with lenders, people cited above said. Nazara’s resolution plan received 99% of the creditors’ vote in a process which was completed earlier this week. The second bidder-a consortium of financial services firm Resurgent India and Sanjay Lodha-did not increase its offer during negotiations with lenders, people cited above said.  Economic Times

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