₹72.6 crore loans repaid by Anil Ambani's Reliance Capital; company's stock dropped by 13%
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Anil Ambani's company Reliance capital declared that it has repaid Rs.72.6 crore of loans on September 27 and 30. The declaration was made on the day of the company's annual general meeting. Reliance Cap has a total debt of Rs 46,400 crores. The stocks of the company have dropped by 13% and are trading at Rs.24 per share. The company is expecting to reduce its debt by at least Rs.12,000 crore by the end of this financial year.