Reliance Communications seeks reclassification of Reliance Capital
after close1 source ↓written by the desknot a recommendation
Reliance Communications has applied to stock exchanges for the reclassification of Reliance Capital from the promoter category to public category under SEBI regulations. This move is part of a significant corporate restructuring amid ongoing insolvency proceedings. The application seeks no-objection from both BSE and NSE, aligning with SEBI LODR Regulation 31A.
Not investment advice. For informational purposes only.