Reliance Capital update on pledged shares of Reliance Nippon Life Asset Management

Reliance Capital announced that no pledged shares of Reliance Nippon Life Asset Management (RNAM) have been invoked by any lender. Further, borrowings covered under the pledged RNAM shares are matched by cash amounting to approx. Rs 1600 crore lying in escrow under tripartite agreements signed between the parties.

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