SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Reliance Home Finance informs about outcome of board meeting

12 Dec 2017 Evaluate

Reliance Home Finance has informed that the Board of Directors at its meeting held on December 11, 2017, has approved an issuance of secured redeemable non-convertible debentures (NCDs) for an amount aggregating up to Rs 2,000 crores, along with up to 7.5 crore warrants, with a right exercisable by the warrant holder to exchange each warrant with one Equity Share of the Company at a later date (Warrants, and along with the NCDs, the Eligible Securities), by way of a Qualified Institutional Placement (QIP), to be undertaken in accordance with applicable law, subject to market conditions and receipt of all regulatory and corporate approvals, at such terms and conditions as may be determined by the QIP Committee of the Board (QIP Committee) and such other terms and conditions, as may be approved by the QIP Committee in due course; and the relevant date in respect of the Eligible Securities to be the date of the meeting in which the QIP Committee decides to open the QIP.

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

Reliance Home Financ Share Price

2.22 0.00 (0.00%)
13-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

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.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×