Reliance Capital Redesems Commercial paper worth Rs. 875 Crore

Chenai: Reliance Capital, led by Anil Ambani, said on Friday that he had purchased a commercial paper (CP) worth Rs. 875 crore, while the remaining amount in this account is Rs. 75 crore.
Reliance Capital said on the stock exchange that “The company bought a CP of 875 crowns on maturity dates in the past two months, and the unpaid CP is now only Rs. 75 crore, which will also be used correctly on the date of its maturity is 24. July 2019. “
The company also announced that the credit rating agency ICRA audited its short-term debts of Rs. 950 crore to A4 on April 26, 2019.

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