NewsBusinessRInfra pledges 1.5 cr more shares in Reliance Power
RInfra pledges 1.5 cr more shares in Reliance Power
The filing showed that the fresh pledge was done on September 9 in favour of lDBI Trusteeship Services Services Limited Lender/Debenture holder Deutsche Bank.
RInfra pledges 1.5 cr more shares in Reliance Power
PTINew DelhiPublished : Sep 13, 2019 23:46 IST Updated : Sep 13, 2019 23:46 IST
Reliance Infrastructure on Friday pledged 1.5 crore additional shares in Reliance Power.
According to a regulatory filing by the company, the reason for encumberance was "invocation of pledge against non-convertible debentures (NCDs) issued by Reliance Infrastructure Ltd".
The filing showed that the fresh pledge was done on September 9 in favour of lDBI Trusteeship Services Services Limited Lender/Debenture holder Deutsche Bank.