Bombay Rayon Fashions’ lenders reject all resolution proposals – ET Retail
Lenders to Bombay Rayon Fashions have rejected all the resolution plans received for various assets of the textile manufacturer. The Mumbai-based company has admitted liabilities of ₹7,234 crore, including ₹6,690 crore financial dues. In March, over a dozen companies including Lalbhai Group-promoted Arvind, as well as entities of the Donear Group, Welspun Group and JM…