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RCom promoter firm pledges shares worth Rs 300 crore

Press Trust of India  |  New Delhi 

Enterprise, a promoter firm of RCom, today pledged shares worth Rs 304 crore with

As per a regulatory filing Enterprise has pledged 13.4 crore shares accounting for 4.85 per cent of total share capital of with Housing Development Finance Corporation. These shares at last closing price of scrips are estimated to be valued around Rs 304 crore.

Shares of today closed at Rs 22.7 a unit, down by 9.74 per cent compared to previous close on BSE today.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 09 2018. 21:00 IST