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 Hinduja rejigs fundraise plan for Reliance Capital deal
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Hinduja Group, the winning bidder for Reliance Capital, is reworking its fundraising plan to raise ₹7,500 crore from domestic and overseas private credit funds at 15%. The Reserve Bank of India seized control of Anil Ambani-owned Reliance Capital due to governance concerns. Nageswara Rao Y was appointed as the administrator.

#HindujaGroup #RelianceCapital #Fundraising #PrivateCreditFunds #ReserveBankOfIndia

https://m.economictimes.com/news/company/corporate-trends/hinduja-rejigs-fundraise-plan-for-reliance-capital-deal/articleshow/111212289.cms