Moneycontrol Be a Pro
Get App
Last Updated : Aug 17, 2019 05:33 PM IST | Source: PTI

Two RCom promoters pledge additional 11.5% stake

A BSE filing on pledge of RCom shares in favour of Axis Trustee Services showed that fresh pledge of 31.82 crore shares was created on August 16, 2019.


Two promoter entities of Reliance Communications (RCom) have pledged 11.5 percent more stake in favour of Axis Trustee Services, according to regulatory filings.

Reliance Communications Enterprises and Reliance Telecom Infrainvest on August 16 pledged about 11.51 percent of their holding in Reliance Communications amounting to 31.82 crore shares in favour of Axis Trustee Services acting as security/debenture trustee.

A BSE filing on pledge of RCom shares in favour of Axis Trustee Services showed that fresh pledge of 31.82 crore shares was created on August 16, 2019.

Close
Another filing showed that Reliance Communications Enterprises pledged - in two lots - 8.37 percent holding with Axis Trustee Services Ltd, while Reliance Telecom Infrainvest too created a fresh pledge on 3.13 percent holding in its favour.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Aug 17, 2019 05:20 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant