September 15, 2017:
Anil Ambani-controlled companies will remain in focus on Monday, as the promoters pledged more shares. In a disclosure to the exchanges, it said 3 crore shares each of Reliance Communications and Reliance Power were pledged with L&T Finance; 25 lakh shares of Reliance Infrastructure and 22 lakh shares of Reliance Capital with L&T Finance. As most group companies' shares are ruling near multi-year lows, Investors will monitor the development.
(This article was published on September 15, 2017)
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