ADAG led Reliance Capital fully repays outstanding comm paper worth Rs.750 mln

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Stock Exchanges in India, Anil Dhirubhai Ambani led Reliance Capital Ltd said of having fully repaid its outstanding commercial papers worth Rs.75 Cr (~750 million) on July 24, 2019.

The filing submitted to the Indian Bourses read that, the Company has fully repaid its outstanding Commercial Paper (CP) of Rs.75 crore on July 24, 2019.

With the above repayment the CP outstanding stands at zero from the peak outstanding amount of approximately Rs.3,500 crore.

Though CPs were rated A4 by ICRA, the same have been repaid in full on the due dates.


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