Rekha Jhunjhunwala stock hits upper circuit after loan settlement with Reliance Commercial Finance
Rekha Jhunjhunwala portfolio company has informed Indian bourses that full and final settlement amount will be paid in various tranches
Rekha Jhunjhunwala-owned DB Realty shares hit upper circuit in early morning deals on Thursday. DB Realty share price today opened upside and hit 5 per cent upper circuit within minutes of stock market opening bell today. The real estate company has informed Indian bourses that is subsidiary Goregaon Hotel and Realty Private Ltd has executed loan settlement agreement with Reliance Commercial Finance Limited. DB Realty Ltd claimed in its exchange communication that the concerned parties have agreed to settle 'all the claims' in relation to the loan agreement by way of amicable settlement.
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