Reliance Capital Limited, part of the Anil Ambani-led Reliance Group, was a leading Indian diversified financial services company established in 1986. It operated across various segments, including asset management, insurance (life and general), commercial finance, investment banking, and stock broking. Known for its expansive customer base and innovative financial products, the company played a significant role in shaping India's financial landscape, catering to both retail and institutional clients through its various subsidiaries.
In February 2024, the National Company Law Tribunal (NCLT) approved a resolution plan submitted by IndusInd International Holdings Ltd. (IIHL), a subsidiary of the Hinduja Group, involving a payment of ₹9,661 crore. The plan includes delisting Reliance Capital from stock exchanges, with the entire existing share capital canceled. Shareholders will not receive any compensation, as the liquidation value of their equity shares was determined to be nil. The delisting aligns with SEBI’s Delisting Regulations and aims to restructure and streamline the company’s financial and operational framework
Reliance Capital Limited Share Price, Share Details as of March 31, 2024
|
Reliance Capital Limited Outstanding Shares: |
252,708,902 |
|
Face Value of Reliance Capital Share: |
Rs.10 Per Equity Share |
|
ISIN of Reliance Capital Limited Share: |
INE013A01015 |
|
Lot Size of Reliance Capital Share: |
100 |
|
Reliance Capital Share Price: |
Best In Industry |
|
PAN Number of Reliance Capital : |
AAACR5055K |
|
Reliance Capital Limited CIN Number |
U65910MH1986PLC165645 |
|
Reliance Capital Limited Registration Date |
5-Mar-86 |
|
Category / Sub-Category of Reliance Capital Limited |
Public Companies having a share capital |
|
Reliance Capital Limited Registered Office Address |
RELIANCE CAPITAL LIMITED,2ND FLOOR, AVDESH HOUSE, PRITAMNAGAR, 1ST SLOPE, ELLISBRIDGE, AHMEDABAD - 380 006 |
|
Reliance Capital Limited Registrar & Transfer Agent Address |
KFIN TECHNOLOGIES LIMITED Selenium Building, Tower - B |
Key Managerial Person |
Post |
|
Atul Kumar Tandon |
Company Secretary |
| Mr. Nageswara Rao Y | Administrator |
| Mr. Aman Gudral | Chief Financial Officer |
|
Category of Shareholders |
As on 31.03.2024 |
|
|
Number of Shares |
Number of Shares |
% |
|
Shareholding of promoter and promoter group |
|
|
|
(i) Indian |
22,26,366 |
0.88 |
|
(ii) Foreign |
0 |
0 |
|
Total shareholding of promoter and promoter group |
22,26,366 |
0.88 |
|
Public shareholding |
|
|
|
(i) Institutions |
76,16,575 |
3.01 |
|
(ii) Non-institutions |
24,12,65,961 |
95.47 |
|
Total public shareholding |
24,88,82,536 |
98.49 |
|
Shares held by custodians and against which depository receipts have been issued |
- |
- |
|
ESOS Trust |
16,00,000 |
0.63 |
|
Grand Total (A)+(B)+(C)+(D) |
25,27,08,902 |
100 |
FAQ's on Reliance Capital
Q: What
is the face value of Reliance Capital Ltd shares?
Answer: The face value of Reliance Capital Ltd is ₹10 per equity share.
Q: What
is the minimum lot size for buying Reliance Capital shares through WWIPL?
Answer: The minimum lot size for Reliance Capital shares is 100 equity
shares.
Q: How
can I buy Reliance Capital shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction
details with WWIPL, transfer funds, and receive eligible securities in their
Demat account as per the applicable transaction process.
Q: Why
should I buy Reliance Capital shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless
Demat transfers, and dedicated support throughout the investment process.
Q: Can
Reliance Capital shares still be purchased?
Answer: Reliance Capital is a delisted company. Investors should
understand the legal and regulatory status of the securities before initiating
any transaction through WWIPL.
Q: What
business did Reliance Capital Ltd operate in?
Answer: Reliance Capital was a diversified financial services company
with interests in asset management, insurance, commercial finance, investment
banking, and stock broking.
Q: Why do
investors inquire about Reliance Capital shares despite delisting?
Answer: Investors may seek information regarding legacy holdings,
insolvency proceedings, delisting outcomes, and historical ownership records.
Q: What
factors should investors consider before dealing in Reliance Capital shares?
Answer: Investors should review the company's insolvency resolution,
legal status, shareholder rights, and regulatory developments before making any
investment decision.
Q: Are
Reliance Capital shares available in Demat form?
Answer: Any eligible holdings are maintained in Demat form subject to
the company's corporate actions and applicable regulatory framework. Investors
should verify the current status with WWIPL before proceeding.
Q: Can I
sell Reliance Capital shares through WWIPL?
Answer: Subject to regulatory provisions and market availability, WWIPL
may assist investors with transactions in eligible delisted securities.
Q: What
documents are required to transact in Reliance Capital shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report
(CMR), and bank account details to complete the transaction.
Q: What
risks should investors consider before investing in Reliance Capital shares?
Answer: Investors should carefully evaluate insolvency proceedings,
regulatory risks, limited liquidity, legal uncertainties, and the possibility
of capital loss before investing.
Q: How
does WWIPL assist investors interested in Reliance Capital shares?
Answer: WWIPL provides transaction support, company information,
documentation assistance, and guidance on eligible delisted share transactions.
Q: How
long does it take for Reliance Capital shares purchased through WWIPL to be
credited to a Demat account?
Answer: Eligible securities are generally transferred to the investor's
Demat account after successful completion and verification of the transaction.
Q: What
should investors evaluate before considering Reliance Capital shares?
Answer: Investors should assess the outcome of the insolvency resolution
process, shareholder treatment, legal developments, and the risks associated
with investing in delisted securities.
Q: Is
Reliance Capital an unlisted company?
Answer: No. Reliance Capital is a delisted company. Delisted
shares carry different risks and regulatory considerations than conventional
unlisted or pre-IPO shares, and investors should understand these differences
before investing.