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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.
As per the NCLT order and SEBI (Delisting of Equity Shares) Regulations, 2021, the equity shares of RCL will be delisted from stock exchanges.
The crisis-ridden Reliance Capital Limited (RCL) on Wednesday announced that its shares might be delisted from stock exchanges as part of the approved resolution plan.
The company in the exchange filing announced that the National Company Law Tribunal (NCLT) in its 'approved resolution plan' for the firm is contemplating delisting of existing equity shares from the exchanges