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Reliance Capital sells 45.43% stake in Reliance Home Finance

10 Aug 2023 Evaluate

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.

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