Photo: Priyanka Parashar/Mint
Photo: Priyanka Parashar/Mint

Reliance Capital seeks shareholders nod for private placement of NCDs

The company also seeks shareholders nod for issue of securities to qualified institutional buyers

Mumbai: Reliance Capital Ltd, the financial services company owned by billionaire Anil Ambani, on Wednesday informed the stock exchanges that it was seeking shareholder approval for private placement of non-convertible debentures (NCDs) and issue of securities to qualified institutional buyers.

Reliance Capital shares closed at Rs620.3 on BSE, up 5.22% from the previous close, while the benchmark index Sensex fell 0.21% to 24,805.83 points.

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