Reliance Capital Ltd has informed BSE that Reliance Commercial Finance Pvt. Ltd. (CFPL') a wholly owned subsidiary of Reliance Capital Ltd. (RCL) has filed a petition in the High Court of Judicature at Bombay for merging itself with RCL.
The entire issued, subscribed and paid-up share capital of RCFPL is held by RCL. Accordingly, there will be no change in the share capital of RCL pursuant to the Scheme.
The Scheme is subject to the approval of the High Court of Judicature at Bombay.
Reliance Capital Ltd has announced the following Unaudited Standalone results for the quarter ended September 30, 2011
The Company has posted a net profit of Rs. 92.80 million for the quarter ended September 30, 2011 where as the same was at Rs. 618.70 million for the quarter ended September 30, 2010. Total Income is Rs. 7048.80 million for the quarter ended September 30, 2011 where as the same was at Rs. 5327.20 million for the quarter ended September 30, 2010.
- Results for the year ended March 31, 2011 and for current quarter/half year ended includes figures of Reliance Commercial Finance Private Limited, merged with the Company and accordingly not comparable with previous corresponding quarter / half year ended.
(As Per BSE Announcement Website dated on 11.11.2011) | Powered by Capital Market - Live News |
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