Reliance Capital informs about disclosure

24 Jul 2024 Evaluate

In continuation of earlier disclosure dated February 28, 2024, pertaining to the approval of the resolution plan submitted by IndusInd International Holdings (‘IIHL’ or the ‘Successful Resolution Applicant’) in the corporate insolvency resolution process of the company (‘RCL’) by the Hon’ble National Company Law Tribunal, Mumbai bench (‘NCLT’) vide its order dated February 27, 2024 (‘Approved Resolution Plan’) and further to its disclosure dated May 23, 2024, May 27, 2024, June 7, 2024, June 13, 2024, June 20, 2024 and June 25, 2024 pertaining to the IA 2561/2024 in C.P.(IB)/1231(MB)2021 filed by the Successful Resolution Applicant under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the National Company Law Tribunal Rules, 2016 for seeking an extension of 90 days from May 27, 2024 for the implementation of the Approved Resolution Plan, Reliance Capital has informed that NCLT has passed an order dated July 23, 2024 partly allowing the said application. A copy of the order of the NCLT dated July 23, 2024 is attached.

The above information is a part of company’s filings submitted to BSE.

Reliance Capital Share Price

11.79 0.00 (0.00%)
26-Feb-2024 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Finance 6836.60
Shriram Finance 2871.75
Aditya Birla Capital 186.20
SBI Cards AndPayment 687.35
Mah & Mah Finl. Serv 266.40
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.