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RCom to raise borrowing limits to Rs 50,000 crore

25 Aug 2018 Evaluate

Reliance Communications (RCom) has sought shareholders' approval to enhance the company's borrowing limits to up to Rs 50,000 crore to meet its capital requirements.

The company in its annual general meeting, which is scheduled to be held on September 18, 2018, to consider various proposals, including revising borrowing limits, alterations to the Articles of Association of the company, and private placement of non-convertible debentures or other debt securities.

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