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Reliance Communications’ (RCom) promoter Telecom Infrastructure Finance (TIFPL) has paid Rs 650 crore to the company and increased its holding to 59.7 per cent in the company. The proceeds from TIFPL are expected to be utilised by RCom to lower its debt which stood at Rs 36,334 crore in the second quarter ended September 30, 2014.

On July 24, the company's shareholders had approved issuing of preferential shares of over 8.6 crore to TIFPL.

Reliance Communications is India’s foremost and truly integrated telecommunications service provider. The company, with a customer base of about 150 million, including over 2.5 million individual overseas retail customers, ranks among the Top 4 Telecom companies in the world by number of customers in a single country.

Reliance Comm Share Price

1.06 0.01 (0.95%)
20-Apr-2026 09:21 View Price Chart
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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