Business Today

Promoter/group: L. Madhusudha­n Rao/Lanco

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Companies: None

Lost control of: Lanco Infratech and its special purpose vehicles (SPVs)

Peak market valuation (FY End): `12,592 crore (March 2010)

Current valuation: Nil

Reason for insolvency: Capital intensive expansion, delay in projects

Insolvency claims admitted: `54,258 crore Status: Liquidatio­n process started in Lanco Infra, SPVs at various stages of resolution process

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