Reliance Capital share news: Anil Ambani-promoted Reliance Capital Limited (RCL) on Wednesday announced indicating that its shares are set to be delisted from the stock exchanges., Markets News, Times Now
Reliance Capital said the stock exchanges will take all necessary actions to delist the equity shares of RCL; in accordance with the approved resolution plan read with applicable law, including, but not limited to the SEBI (Delisting of Equity Shares) Regulations, 2021, as amended and shall pass necessary orders / directions to this effect.
The Mumbai bench of the NCLT approved the plan submitted by IIHL (IndusInd International Holdings Limited) in June 2023 in the second round of bidding for the debt-laden company. A detailed order in the matter is expected later in the day.
Reserve Bank of India (RBI) on Friday approved a Rs9,650 crore debt resolution plan submitted by IndusInd International Holdings Ltd (IIHL), allowing the Hinduja Group firm to take over the assets of