Asset Reconstruction Company (Arcil)
From Taighde
Asset Reconstruction Company Ltd., more commonly known as Arcil, is an Asset Reconstruction Company based in India. Lathe Investment Pte, a subsidiary of the Government of Singapore Investment Corporation (GIC) took a 9.9% stake in the company in September 2008. The stake, which cost around $55 million, was not approved by government regulators until November 2008.
