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Reliance Capital informs about disclosure on NCDs

23 Nov 2019 Evaluate

Reliance Capital has informed that it has enclosed disclosure regarding payment of interest/ principal on Non-Convertible Debentures. As already intimated in the communication dated September 21, 2019, in a completely biased, unwarranted and unjustified rating action on September 20, 2019, CARE Ratings (CARE) had downgraded the Company's entire outstanding debt to default CARE D rating, even though there were no overdues on principal or interest payment to any lender.

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

Peers
Company Name CMP
EMAMILTD7 423.00
ICICINXT50 73.26
TGV Securities
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