Reliance Capital

Friday, Apr 26, 2024 | Last Update : 12:45 AM IST

RBI appoints advisory panel to assist R-Cap administrator

The members: Sanjeev Nautiyal, ex-deputy MD, SBI; Srinivasan Varadarajan, ex-deputy MD, Axis Bank, Praveen P. Kadle, ex-MD&CEO, Tata Capital

01 Dec 2021 10:47 AM

HDFC acquires 6.43 pc stake in Reliance Capital

The company acquired 25.27 crore shares of Rs 10 each, adding that the total value of these shares are Rs 252 crore

25 Apr 2020 4:23 PM

The initial public offering (IPO) was slated for fresh issue of shares worth Rs 200 crore, besides an offer of sale of 79,489,821 shares by Reliance Capital.

Reliance General Insurance scraps IPO plan; withdraw offer documents

Reasons for withdrawal of the offer documents have not been disclosed.

30 Oct 2019 2:35 PM

The company has made interest and principal repayments of Rs 72.65 crore on a range of instruments including non-convertible debentures.

Shares of Reliance Capital dip 4.4 pc after stake sale in RNAM

The entire RNAM stake monetisation proceeds will be utilised to reduce Reliance Capital's outstanding debt.

30 Sep 2019 11:22 AM

On the NSE, it dropped 11.34 per cent to its one-year low level of Rs 27.75.

Reliance Capital shares tumble over 11 pc after ratings downgrade

The scrip tanked 11.32 per cent to Rs 27.80 -- its 52 week low -- on the BSE.

23 Sep 2019 12:37 PM

Based on the above, and other asset monetisation deals presently underway, Reliance Capital expects to reduce its debt by at least Rs 12,000 crore.

Reliance Capital sells 10.75 pc stake in RNAM for Rs 1,450 cr

The proceeds will be utilised to reduce Reliance Capital's outstanding debt, the company statement said.

17 Jun 2019 1:26 PM

PWC has acted prematurely without even statutory discussions with the audit committee," Reliance Capital said in a regulatory filing Thursday.

Sebi, MCA probing PWC's resignation as auditor of RCap, Reliance Home Finance

PWC put in its resignation, with effect from June 11, 2019, citing unsatisfactory response to "certain observations

14 Jun 2019 8:56 AM

Reliance Group Chairman Anil Ambani said his group was committed to meet all payment obligations in a timely manner and has already serviced debt worth Rs 35,000 cr in last 14 months.

Reliance Capital calls PWC's observations baseless, unjustified

The companies said they have also duly furnished all requisite and satisfactory details as required by PWC.

13 Jun 2019 11:52 AM

Both Reliance Capital and Reliance Home Finance said they do 'not agree with the reasons given by PWC'.

Reliance Capital, Reliance Home Finance shares tumble up to 7 pc

PWC has put in its resignation, with effect from June 11, citing unsatisfactory response to 'certain observations' made by it.

12 Jun 2019 5:29 PM

PWC has put in its resignation, with effect from June 11, 2019, citing unsatisfactory response to "certain observations" made by it as a part of the ongoing audit for fiscal 2018-19

PWC resigns as statutory auditor of Reliance Capital and Reliance Home Finance

Both Reliance Capital and Reliance Home Finance said they do not agree with the reasons given by PWC.

12 Jun 2019 11:55 AM

Blaming regulatory institutions and courts for some of the group problems, Anil Ambani said the delay in passing verdicts has kept the group from receiving dues of over Rs 30,000 crore. (Photo: File)

Anil Ambani says committed to meet debt obligations

Reliance group has made debt payments of over Rs 35,000 crore in 14 months from April 2018 till May 2019, said Ambani.

11 Jun 2019 1:35 PM

Reliance Capital in May had announced to exit mutual fund business by selling its stake in RNAM to its joint venture partner Japan's Nippon Life Insurance.

Nippon Life makes open offer to acquire 23 pc stake in RNAM for Rs 3,179 cr

Reliance Capital has already signed the binding definitive agreements with Nippon Life Insurance of Japan.

08 Jun 2019 5:00 PM

RCap to exit MF biz, sells RNAM stake to Nippon

The open offer price is at a 15.5 per cent premium to the stock’s 60-day average price, in tune with the Sebi Takeover Regulations.

24 May 2019 2:22 AM

Shares of Reliance Capital were trading 2.34 per cent higher at Rs 131.35 apiece on BSE.

Reliance Capital to exit mutual funds biz; sells stake to Nippon Life Insurance

Reliance Capital said it has signed binding definitive agreements with Nippon Life Insurance of Japan.

23 May 2019 12:42 PM

Reliance Capital to reduce debt by Rs 10,000 crore

About 50-60% reduction in R-Cap's debt, will be achieved by monetising 43% stake in RNAM and 49% stake in RGI.

08 Mar 2019 7:06 AM

The company has also lined up a few more non-core assets to monetise. (Photo: Twitter)

Reliance Capital claims stake sale to halve its debt soon

The Anil Ambani group-run company is sitting on a debt of over Rs 18,000 crore.

07 Mar 2019 1:07 PM

Reliance Capital closed with a gain of 11.13 per cent at Rs 161.20, other group stocks that gained included Reliance Power (4.19 per cent) and Reliance Infrastructure (4.19 per cent). (Photo: Twitter)

RCap seeks to sell entire RNAM stake

The company said it would make further announcements at the appropriate time.

22 Feb 2019 1:47 AM

The company said it will make further announcements at the appropriate time. (Photo: Twitter)

RCap invites Nippon Life to acquire its stake in asset management JV

Reliance Capital held 42.9 per cent stake in Reliance Nippon Life Asset Management Ltd.

21 Feb 2019 12:50 PM

The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)

Brickwork Ratings lowers rating of Reliance Capital

The rating continues to factor RCap's experienced management in the financial services segment.

16 Feb 2019 6:14 PM

Reliance Capital to exit all non-financial business in 12-18 months

Company's is looking at identifying key emerging business areas within the financial services and financial technology space.

18 Sep 2018 5:31 PM

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Sunil Gatade

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