Brief: Reliance Capital Says No Pledged Shares Of Reliance Nippon Invoked By Any Lender

Nippon Life India Asset Management

18/09/2019 13:58

Sept 18 (Reuters) - Reliance Capital Ltd  RLCP.NS :
    * NO PLEDGED SHARES OF RELIANCE NIPPON LIFE ASSET MANAGEMENT
LIMITED (RNAM) HAVE BEEN INVOKED BY ANY LENDER
    * BORROWINGS UNDER PLEDGED RNAM SHARES MATCHED BY CASH OF
ABOUT 16
BILLION RUPEES IN ESCROW UNDER PACTS BETWEEN PARTIES

Source text for Eikon:  ID:nBSE2gBNvM 
Further company coverage:  RLCP.NS 

 ((Reuters.Briefs@thomsonreuters.com;))