Based on the closing price of RCom on the date of transaction, pledged shares are worth Rs 374 crore.
According to a BSE filing, Reliance Communications Enterprises pledged 8 crore shares worth around Rs 274 crore as collateral for non-convertible debentures issued by the company.
Reliance Wind Turbine Installators Industries Private Limited has pledged a total 3 crore shares worth over Rs 102 crore.
The transactions were carried on January 3 when shares of RCom closed at Rs 34 per unit at BSE.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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