Radhagobind Commercial Ltd. News and Updates

Keep track of all breaking news on Radhagobind Commercial Ltd. from all sources in a single place.

09 Jan 2023

1.82

-0.55%

Why Anil Ambani's bankrupt Reliance Capital is important enough to start bidding war between Torrent and Hinduja Group

Business Today

If the market capitalisation is any indicator of the valuation of a company, RCL has a total market cap of measly Rs 284 crore. But there are enough reasons for the two companies -- Ahmedabad-based Torrent and Hinduja Group -- to battle it out for RCL. Here are some reasons.

Radhagobind Commercial Ltd. has lost -23.21% in the last 6 Months

Radhagobind Commercial Ltd.

30 Oct 2022

1.82

-0.55%

Concerns over bidding process as Reliance Cap resolution enters final stage

Business Standard

Suitors have raised concerns over the bidding process, including the introduction of 'challenge mechanism', as the resolution process of debt-ridden Reliance Capital Ltd (RCL) enters the final stage. According to sources, the decision of the Committee of Creditors (CoC) to introduce a new clause 'Challenge Mechanism' in the bidding process has upset the bidders. The 'Challenge Mechanism' gives lenders the power to oppose any resolution plan as and when they want. Bidders have raised concerns about the introduction of this new clause at this late stage of the bidding process, sources said, adding there was no mention of this mechanism in the Request for Resolution Plan (RFRP) document. RCL had offered two options to all the bidders. Under the first option, companies could bid for Reliance Capital Ltd (RCL), including its eight subsidiaries or clusters. The second option gave the company freedom to bid for its subsidiaries, individually or in a combination. RCL has eight businesses

Radhagobind Commercial Ltd. has lost -23.21% in the last 6 Months

Radhagobind Commercial Ltd.

25 Apr 2022

1.82

-0.55%

RCL may share RFRP with bidder by Wed; all cash bids to get highest score

Business Standard

RCL had offered two options to all the bidders

Radhagobind Commercial Ltd. has lost -32.59% in the last 3 Months

Radhagobind Commercial Ltd.

18 Dec 2021

1.82

-0.55%

I-T raids on Akhilesh Yadav's aides in Lucknow, Mainpuri, Mau

Economic Times

The raids were conducted at the residences of SP's national secretary and spokesperson Rajeev Rai in Mau, as well as those of RCL group promoter Manoj Yadav in Mainpuri and the SP chief's officer on special duty Jainendra Yadav in Lucknow.

Radhagobind Commercial Ltd. has lost -32.59% in the last 3 Months

IT conducts raid at Akhilesh Yadav's close aide Jainendra Yadav's premises

Business Standard | 18 Dec 2021 1 more

Is Radhagobind Commercial Ltd. worth buying?

15 Votes:

Buy 46.67%

Sell 26.67%

Hold 26.67%

64.38% Fall from 52W High

Radhagobind Commercial Ltd. News and Updates

Keep track of all breaking news on Radhagobind Commercial Ltd. from all sources in a single place.