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Total 7 results found. Search for [ RCom moves NCLT ]

Results 1 to 7 of 7
New Delhi, June 13, 2020
In March, the board of SBI had approved a resolution plan for RCom that envisaged lenders recovering around Rs 23,000 crore of their money, entailing a nearly 50% haircut

February 20, 2019

New Delhi, February 11, 2019
Reliance Group has accused its lenders L&T Finance and Edelweiss of illegally invoking pledged shares, calling it 'motivated and unwarranted'. Shares of Reliance Power plunged as much as 59 per cent last week.

Mudit Kapoor
February 9, 2019
The share of promoters in the Reliance Group companies have decreased in the bracket of 2 to 4 per cent, bringing down promoter stake in Reliance Capital below 50 per cent.

New Delhi, February 8, 2019
Reliance Group companies lost Rs 13,000 crore, an unprecedented nearly 55%, in market capitalisation over just 4 days, causing substantial losses to 72 lakh institutional and retail shareholders.

Manu Kaushik
New Delhi, February 2, 2019
The past few years have been a period of slow death for RCom. Going to NCLT is a culmination of the events that has been unfolding over the past decade.

New Delhi, February 2, 2019
The company board, in its stock exchange filing on Friday, explains the step has been taken to pare its pilling debt of over Rs 46,000 crore through the asset sale.