Page 2 of Reliance Capital

Hindujas can’t extinguish ESOPs, other incentive schemes of RCap arm: Legal view

RGICL had sought a legal view on Hinduja’s plan to extinguish ESOPs of RCap’s subsidiary.

Updated: October 24, 2023 21:21 IST

Torrent seeks SC’s urgent intervention in RCap’s insolvency proceedings

Move is important as the former Anil Ambani group now only needs NCLT, Supreme Court approvals to complete the insolvency…

October 5, 2023 00:45 IST

Reliance Capital to infuse Rs 200 cr into insurance arm

While the demand was raised twice later, RCap’s CoC had rejected the proposal, stating the firm was part of the…

July 20, 2023 01:15 IST

Reliance Capital administrator files Hinduja’s resolution plan with NCLT Mumbai for approval

The resolution plan was earlier approved by RCap’s Committee of Creditors (CoC).

July 13, 2023 00:30 IST

Reliance Capital lenders vote in favour of Hinduja Group firm

RCAP Administrator is likely to file IIHL resolution plan in NCLT Mumbai next week as the deadline of July 15…

June 29, 2023 17:11 IST

Reliance Capital to pay all lenders based on final plan value

CoC move aims to curtail disputes between creditors.

May 30, 2023 05:30 IST

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Reliance Capital Q4 net loss narrows to Rs 1,488 cr

The total income declined to Rs 3 crore in the March 2023 quarter from Rs 5 crore in the year-ago…

May 29, 2023 21:47 IST

Supreme Court refuses early hearing of RCap insolvency plea

The Supreme Court has refused the committee of creditors’ (CoC’s) plea for an early listing of Reliance Capital’s (RCap) insolvency…

May 5, 2023 02:45 IST

Hinduja arm in talks with lenders for Reliance Capital buyout

Hinduja Group, the sole bidder for Reliance Capital (RCap), is in discussions with a clutch of lenders to raise up…

May 1, 2023 06:00 IST

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Hinduja Group to infuse another Rs 350 crore into RCap companies

IndusInd International Holdings (IIHL), the company through which the Hinduja Group placed its bids, has offered to invest Rs 300…

April 28, 2023 02:15 IST

Reliance Capital lenders to meet on Friday to take call on Hinduja Group firm bid

Lenders of debt ridden Reliance Capital (RCap) will meet on Friday to take a call on Hinduja Group firm’s bid…

April 27, 2023 18:46 IST

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Hinduja lone bidder for Reliance Capital, offers much below liquidation value; Torrent, Oaktree Cap stay away

Hinduja Group, which placed its bids through a group firm IndusInd International Holdings (IIHL), has assured there will be no…

Updated: April 27, 2023 07:32 IST

Prospective bidders of Reliance Capital seek clarity, assurances of finality

During the first e-auction, Torrent Group had placed its bids through a group company Torrent Investments, while that by the…

April 24, 2023 03:15 IST

More Reliance Capital e-auctions likely

Lenders may seek value maximisation through more rounds.

April 21, 2023 05:45 IST

Reliance Capital resolution process completion deadline extended to July 16

The 90 days deadline extension was necessitated as the lenders decided to hold a second round of auction on April…

Updated: April 18, 2023 16:41 IST

RCap lenders get NCLT nod to extend resolution process deadline

RCap has been undergoing a insolvency since November 29, 2021, when the RBI superseded its board.

April 13, 2023 05:00 IST

Rcap e-auction, reliance capital, reliance capital auction,

RCap second e-auction now on April 26

LIC has an admitted claim of Rs 4,909 crore and EPFO of Rs 3,309 crore, and they jointly have over…

April 12, 2023 05:40 IST

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RCap lenders postpone e-auction ‘indefinitely’

Separately, on Monday, the administrator moved an application before the National Company Law Tribunal’s Mumbai bench, seeking an extension till…

April 11, 2023 05:00 IST

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