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Feb 28, 2024 · Reliance Capital set to be delisted, taken private by Hinduja Group. The entire existing share capital of RCL is proposed to be cancelled and extinguished for nil consideration, according to an...
Feb 28, 2024 · The Anil Ambani-led Reliance Capital Limited (RCL) announced on Wednesday that its shares might be delisted from stock exchanges as part of the approved resolution plan. Notably, the trading in the stock has been restricted, and the shares of Reliance Capital last traded on February 26 when they declined 4.46% to Rs 11.79.
Jun 4, 2012 · 23 Jun 2024, 11:44PM IST. Hinduja Group, the winning bidder for Reliance Capital, is reworking its fundraising plan to raise ₹7,500 crore from domestic and overseas private credit funds at 15%. The Reserve Bank of India seized control of Anil Ambani-owned Reliance Capital due to governance concerns.
Apr 26, 2023 · The Reserve Bank of India (RBI) on November 29, 2021, superseded the board of Reliance Capital in view of payment defaults and serious governance issues. The RBI appointed Nageswara Rao Y as the administrator in relation to the Corporate Insolvency Resolution Process (CIRP) of the firm.
Feb 28, 2024 · Reliance Capital Limited (RCL) in an exchange filing on Wednesday announced that its existing equity shares are likely to be delisted from the stock exchanges as part of the approved resolution...
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The Reserve Bank of India (RBI) vide its press release dated November 29, 2021 superseded the Board of Directors of Reliance Capital Limited under Section 45 IE of the Reserve Bank of India Act, 1934; and has appointed Shri Nageswara Rao Y as its Administrator with effect from November 29, 2021.
Feb 28, 2024 · Get all latest & breaking news on Reliance Capital. Watch videos, top stories and articles on Reliance Capital at moneycontrol.com.
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The administrator of debt-ridden Reliance Capital (RCAP) has approached the Reserve Bank to seek a 10-day extension of the deadline to transfer businesses to a successful bidder -- a Hinduja Group company, sources said.
