September 21, 2017:
Reliance Home Finance, the demerged home finance business of Reliance Capital will be listed on bourses on Friday. Reliance Capital shareholders would get a share of Reliance Home Finance for each share they had held as on September 6. The parent company will still hold 51 per cent stake in RHF. The home finance arm has assets under management, including securitised portfolio, of ₹13,022 crore as of June 30. Shares of Reliance Capital will also remain in focus.
(This article was published on September 21, 2017)
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