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Clarification sought from Reliance Capital

01 Sep 2015 Evaluate

Reliance Capital has informed that with reference to reports today in a section of the media, they wish to clarify that as part of investment portfolio, they are providing seed capital of approx. Rs 6 crore only in Luxuryhues.com, a digital platform for selling affordable luxury goods and services. They have no plans to make any strategic investments in the consumer and lifestyle sector.

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

Peers
Company Name CMP
Bajaj Finance 1027.00
Shriram Finance 1005.00
Aditya Birla Capital 400.10
Tata Capital 350.90
Chola Invest & Fin. 1778.60
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