Reliance Capital Ltd. News, Corporate filings and Earnings/Conference Calls

Keep track of all breaking news and updates on Reliance Capital Ltd. from all sources in a single place.

24 Mar 2025

Reliance Cap's CoC withdraws plea against IIHL claiming interest

Business Line

The CoC of Reliance Capital has withdrawn a petition filed last year claiming 1,060 crore as interest payment from IndusInd International Holdings for delay in implementing its resolution plan in a time-bound manner.

Reliance Capital Ltd.

18 Mar 2025

IIHL completes acquisition of Reliance Capital, insurance units of debt-ridden firm to be listed in 2-3 years: Report

livemint

IIHL completes acquisition of Reliance Capital, insurance units of debt-ridden firm to be listed in 2-3 years

Reliance Capital Ltd.

18 Mar 2025

IIHL completes acquisition of RCAP; mgmt transfer to take place on Wed

Business Standard

IndusInd International Holdings Ltd (IIHL) has completed the transaction to acquire debt-ridden Reliance Capital (RCAP) by transferring the entire bid amount to lenders, IIHL chairman Ashok Hinduja said on Tuesday. The management transfer is likely to take place on Wednesday. "The transaction from our side is over. As we are speaking, money is moving from one escrow to another," Hinduja said while addressing the media here. The journey for value creation would now begin, he said, adding that the value of the Reliance Capital business on a conservative basis would be Rs 20,000 crore. IIHL would complete the review of the entire RCAP business and take a call on the fund infusion required, he said. With regard to subsidiaries, he said there are about 39-40 entities of Reliance Capital and the new management would divest many of them as they are mostly small shell entities with small businesses. The financial services firm has 1.28 lakh employees and the new management would protect

Reliance Capital Ltd.

11 Mar 2025

IIHL's Rs 5,600 crore payment paves way for Reliance Capital acquisition

Business Standard

The payment comes ahead of a scheduled hearing on March 12 at the National Company Law Tribunal (NCLT) in Mumbai

Reliance Capital Ltd.

26 Feb 2025

NCLT Asks Reliance Capital Lenders To Complete Procedural Issues By March 12

NDTV Profit

An IIHL spokesperson said that IIHL voluntarily offered to release Rs 2,750 crore in equity capital into Reliance Capital's account to demonstrate its commitment to completing the transaction.

Reliance Capital acquisition: NCLT gives March 12 deadline to creditors, IIHL to complete ownership transfer

Business Line | 26 Feb 2025

Reliance Capital Ltd.

12 Feb 2025

Company Update

RELIANCE CAPITAL LTD. - 500111 - Sub.: Application For Reclassification Under Regulation 31A Of Listing Regulations …

BSE India

We attach herewith letters received from The National Stock Exchange of India Limited and BSE Limited both dated February 12, 2025, which are self-explanatory.

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Reliance Capital Ltd.

11 Feb 2025

Reliance Capital acquisition: IIHL to acquire debt-ridden Anil Ambani's company by February 26. NCLT accepts IIHL's plea

livemint

Reliance Capital acquisition: IIHL confirmed the submission of all definitive documents and the achievement of financial closure necessary for implementing the resolution plan for Reliance Capital, a report said.

IIHL to acquire Reliance Capital by Feb 26, meeting scheduled for Tuesday

Business Standard | 10 Feb 2025

Reliance Capital Ltd.

07 Feb 2025

Company Update

RELIANCE CAPITAL LTD. - 500111 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process …

BSE India

Further to our letter dated January 21, 2025, we wish to inform that BSE Limited and National Stock Exchange of India Limited have notified that the Company's equity shares and non-convertible debentures the Company will stand delisted w.e.f. February 13, 2025.

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Reliance Capital Ltd.

23 Jan 2025

IIHL targets February 10 to close 9,650-crore Reliance Capital acquisition

Business Line

As part of the resolution process, RCap has made the necessary applications for delisting, which is anticipated to conclude by the end of the month

Delisting Reliance Cap one of last milestones towards acquisition: Hinduja

Business Standard | 22 Jan 2025 1 more

Reliance Capital Ltd.

21 Jan 2025

Company Update

RELIANCE CAPITAL LTD. - 500111 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process …

BSE India

This is in furtherance to our intimations dated February 27, 2024 February 28, 2024 and March 04, 2024, whereby it was intimated by the Company (defined below) that vide an order dated February 27, 2024, the Hon'ble National Company Law Tribunal, Mumbai bench ('NCLT') approved the resolution plan dated June 06, 2023 submitted by IndusInd International Holdings Ltd. ('IIHL') in the corporate insolvency resolution process of Reliance Capital Limited ('Company') ('Approved Resolution Plan'), in accordance with Section 31 of the Insolvency and Bankruptcy Code, 2016 ('Code'). We wish to inform that in terms of the 'Approved Resolution Plan', the Company has in accordance with the approval of the monitoring committee, made applications to (i) BSE and NSE for delisting of equity shares of the Company; and (ii) BSE for delisting of non-convertible debentures of the Company, on January 21, 2025.

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Buy 71.08%

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