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  2. economictimes.indiatimes.com › Reliance-Capital-Ltd › stocksupdateReliance Capital News - Reliance Capital Announcement, Latest ...

    May 19, 2024 · The National Company Law Tribunal (NCLT) will hear a plea from Hinduja Group firm IIHL on June 20 for an extension of the deadline to complete Reliance Capital's resolution. IIHL, the successful bidder for Reliance Capital, seeks a 90-day extension beyond the May 27, 2024 deadline set by NCLT Mumbai for completing the Rs 9,650-crore resolution ...

  3. www.moneycontrol.com › news › businessReliance Capital set to be delisted, taken private by Hinduja...

    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...

  4. economictimes.indiatimes.com › industry › bankingReliance Capital: Hinduja Group firm emerges highest bidder with...

    Apr 26, 2023 · Agencies. A Hinduja Group firm on Wednesday emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said.

  5. bfsi.economictimes.indiatimes.com › news › nbfcWill shareholders get money after Reliance Capital delists from...

    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.

  6. www.indiatoday.in › business › storyNCLT approves Hinduja Group firm’s resolution plan for Reliance ...

    Feb 27, 2024 · Significant development in solving Reliance Capital's financial issues. Resolution plan valued at Rs 9,650 crore. The National Company Law Tribunal (NCLT) on Tuesday approved the resolution plan put forth by IndusInd International Holdings, a subsidiary of the Hinduja Group, for Reliance Capital.

  7. www.businesstoday.in › latest › corporateReliance Capital takeover: Hinduja's IIHL gets regulator nod for...

    May 12, 2024 · Reliance Capital had a debt of over Rs 40,000 crore, and four applicants had initially bid with resolution plans. However, the committee of creditors rejected all four plans for lower bid...

  8. www.livemint.com › market › stock-market-newsReliance Capital shares to be delisted from exchanges

    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...

  9. www.thehindu.com › business › IndustryRBI clears resolution plan for debt-ridden Reliance Capital

    Nov 18, 2023 · The Reserve Bank of India on November 17 approved the resolution plan for debt-ridden Reliance Capital. The move paves the way for IndusInd International Holdings Ltd (IIHL), the Hinduja Group...

  10. www.reuters.com › world › indiaIndia c.bank to start bankruptcy procedure against Reliance ...

    Nov 29, 2021 · BENGALURU, Nov 29 (Reuters) - India's central bank said on Monday it would initiate bankruptcy proceedings against Reliance Capital Ltd (RLCP.NS), superseding the non-banking financial...

  11. indianexpress.com › article › businessRCap Resolution: NCLAT concludes hearing, reserves order over...

    Feb 21, 2023 · The National Company Law Appellate Tribunal (NCLAT) on Tuesday concluded its hearing and reserved its order over the petition filed by lenders of Reliance Capital seeking a second round of financial bids for the debt-ridden firm, presently going through the insolvency resolution process.