With this, the holding of Reliance Project Ventures and Management Ltd in Reliance Infra has come down from 30.05 per cent to 27.58 per cent, as per the filing.
The report will be presented to the committee of creditors (CoC) on Friday to take a final call on the potential best offers
11 offers submitted for RCom, Reliance Telecom and Reliance Infratel
The resignations were conveyed to the CoC in its meeting on November 20 and were unanimously rejected
Ambani along with four directors -- Ryna Karani, Chhaya Virani, Manjari Kacker and Suresh Rangachar -- had resigned from the company earlier this month.
Last week, Reliance Communications Chairman Anil Ambani along with four directors had resigned from the company, that is going through insolvency process
Ambani along with Chhaya Virani, Ryna Karani, Manjari Kacker, Suresh Rangachar have resigned as directors of RCom, said regulatory filing
Consolidated operating income for the September quarter rose 8% to Rs 5,622 crore from Rs 5,202 crore a year ago
Airtel has placed a conditional bid to buy RCom's spectrum, and Bharti Infratel has submitted bids for the Anil Ambani company's mobile towers
The Mumbai branch of Industrial & Commercial Bank of China, China Development Bank and the Export-Import Bank of China agreed to loan $925.2 million to Anil Ambani's Reliance Communications in 2012
Irdai has also asked RHICL to "ring fence" its residual assets and not dispose them of without the insurance regulator's prior written approval.
The financing squeeze has already taken a toll on the country's economic expansion, which in turn erodes borrowers' capability to repay further
The payments were due on Wednesday and Thursday, the company said in regulatory filing.
From Forever 21 filing for bankruptcy to core sector output declining by 0.5%, here are the top 10 business headlines on Tuesday
Anil Ambani group shareholders concerned over significant stock price erosion
As a part of its strategy to achieve clean green power, the company will focus on renewable energy projects like solar and wind
Ambani further said the four business verticals including roads, metro, energy and airport are fully funded
Ultra Short-term Fund, Short Maturity Fund see single-day jump of 40-50 per cent in NAVs
Shares of publicly traded firms with a large portion of equity pledged as collateral risk abrupt declines should lenders move to recover their dues
The tribunal has asked the DoT to file its reply to the petition by September 24, after which the RP can file a rejoinder to DoT's reply by September 27. The matter will be heard next on September 30