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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.

Peers
Company Name CMP
Bajaj Finance 1027.00
Shriram Finance 1005.00
Aditya Birla Capital 400.10
Tata Capital 350.90
Chola Invest & Fin. 1778.60
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