1522 crore and Rs. IDBI Trusteeship Services Limited acting in its capacity as a debenture trustee on behalf of Credit Suisse had invoked the pledge of Reliance Capitals 100 per cent.
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Reliance Petroleum Retail Limited a wholly owned subsidiary of Reliance Industries Ltd will acquire the polyester business of Shubhalakshmi Polyesters Limited and Shubhlaxmi Polytex Limited for cash consideration of Rs.
. 1592 crore by way of slump sale on a going concern basis the. 70 crore respectively aggregating to Rs. The deadline for submission of bids for debt-ridden Reliance Capital Ltd ends on Monday amid concerns of investors over the companys most-valuable arm Reliance General Insurance Company.
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