ज्यादा पढ़ी गई:
We hereby inform that CARE Ratings has revised the rating from CARE D; Issuer Not Co-operating to CARE D for long-term debt program and to CARE PP-MLD D for market linked debentures of the Company. We have already intimated that the resolution plan submitted by lndusInd International Holdings Ltd (IIHL) in the corporate insolvency resolution process of Reliance Capital Limited (Approved Resolution Plan) has been approved by the Honble National Company Law Tribunal Mumbai bench by its order dated February 27 2024. A Monitoring Committee has been constituted in terms of the Approved Resolution Plan for its implementation.You are requested to note that upon implementation of the Approved Resolution Plan the entire debt of the Company for which the above ratings have been obtained will be settled in terms of the Approved Resolution Plan.
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