Reliance Capital - Announcement under Regulation 30 (LODR)-Press Release / Media Release
18/09/2019 18:26
Responding to media queries, we wish to clarify that no pledged shares of Reliance Nippon Life Asset Management Limited (RNAM) have been invoked by any lender.

Further, borrowings covered under the pledged RNAM shares are matched by cash amounting to approx. Rs 1600 crore lying in escrow under tripartite agreements signed between the parties.