राधागोबिंद कमर्शियल शेअर प्राईस

If the market capitalisation is any indicator of the valuation of a company, RCL has a total market cap of measly Rs 284 crore. But there are enough reasons for the two companies -- Ahmedabad-based Torrent and Hinduja Group -- to battle it out for RCL. Here are some reasons.

• बिझनेस टुडे
• 3 वर्षे 5 महिन्यांपूर्वी

Suitors have raised concerns over the bidding process, including the introduction of 'challenge mechanism', as the resolution process of debt-ridden Reliance Capital Ltd (RCL) enters the final stage. According to sources, the decision of the Committee of Creditors (CoC) to introduce a new clause 'Challenge Mechanism' in the bidding process has upset the bidders. The 'Challenge Mechanism' gives lenders the power to oppose any resolution plan as and when they want. Bidders have raised concerns about the introduction of this new clause at this late stage of the bidding process, sources said, adding there was no mention of this mechanism in the Request for Resolution Plan (RFRP) document. RCL had offered two options to all the bidders. Under the first option, companies could bid for Reliance Capital Ltd (RCL), including its eight subsidiaries or clusters. The second option gave the company freedom to bid for its subsidiaries, individually or in a combination. RCL has eight businesses

• बिझनेस स्टँडर्ड
• 3 वर्षे 7 महिन्यांपूर्वी

RCL had offered two options to all the bidders

• बिझनेस स्टँडर्ड
• 4 वर्षे 1 महिन्यापूर्वी