Reliance Capital has sold 22,03,69,188 (45.43%) equity shares held by it in Reliance Home Finance (RHFL). Resultantly, the shareholding of the Company in RHFL has reduced to 2.47% and RHFL has ceased to be an associate of the Company with effect from August 9, 2023. The consideration received from such sale/disposal is Rs 54.47 crore.
Reliance Capital, a part of the Reliance Group, is one of India’s leading private sector financial services companies.