Thriveni Earthmovers Private Limited reportedly emerged as the highest bidder for Lanco Infratech Limited (BSE:532778). The Committee of Creditors (CoC) led by the ICICI Bank Limited (NSEI:ICICIBANK) decided that Thriveni Earthmovers was the top bidder and have asked the company to submit a “revised addendum” to its resolution plan, people familiar with the development told Economic Times. Other bidders included Ingen Capital Group, LLC, PennEnergy, Inc., DivyaSree Developers Pvt.

Ltd., Solarland Electric Power Technology Limited, Cube Highways and Transportation Assets Advisors Pvt. Ltd. and Kalyani Developers Private Limited.