<h1>Foreign investor completes Rs 2,250 crore acquisition under IBC with Rs 1,901.55 crore upfront, Rs 356.28 crore deferred</h1> A foreign investor completed a Rs 2,250 crore acquisition of a listed glass manufacturer through the Insolvency and Bankruptcy Code; the resolution plan, approved by the adjudicating tribunal after RBI and competition clearances, provides ~Rs 1,901.55 crore upfront and Rs 356.28 crore deferred over three years (NPV ~Rs 264 crore), plus 5% equity to consenting financial creditors, yielding roughly 60% recovery of admitted claims. The target has been delisted to facilitate ownership transfer, the monitoring committee has been replaced by a new board, and the buyer plans ~Rs 1,000 crore capex and operational modernization across seven plants.