We are proud to announce a defining achievement for Areion Group in India’s insolvency and distressed asset landscape.  Our ₹936 crore resolution plan for Aviom India Housing Finance Private Limited has received unanimous approval from secured lenders, resulting in an approximate recovery of 65%. Secured lenders representing 98.2% by value, voted in favour of our plan, reflecting strong institutional confidence in the robustness, clarity, and certainty of our proposal.  With total admitted claims of ₹1,363 crore, comprising significant exposure from leading institutions including LIC Housing Finance Limited, State Bank of India, HDFC Bank Limited, Kotak Mahindra Bank, IDFC FIRST Bank, Karur Vysya Bank(KVB), Bank of Maharashtra, National Housing Bank, IndusInd Bank Limited, Tourism Finance Corporation of India (TFCI), Indian Bank, Aditya Birla Capital and Tata Capital, this resolution reflects rigorous structuring, strategic clarity, and disciplined execution within a complex, multi-lender framework.   This successful outcome was made possible through the strategic foresight and decisive leadership of our Managing Director and Founder, Mr. Manish Lalwani, whose vision and executional discipline were pivotal in guiding this complex resolution to a successful conclusion.  We also acknowledge the valuable contribution of Mr. Ajay Mehta, CEO of Areion Assets Management Pvt Ltd in achieving this result. This milestone is a reflection of the collective commitment, expertise, and collaboration of the entire Areion team, whose focused efforts made this landmark achievement possible.   Read the full coverage in The Economic Times to learn more about this landmark resolution: https://lnkd.in/dSKmAqVJ