Anil Ambani’s Reliance Capital repays ₹72.6 crore loans; stock tanks

Reliance Capital said that it repaid as much as ₹72.6 crore in loans.RCap is holding its annual general meeting today.The company’s stock dropped by 13% today to trade at ₹24 per share. The total debt of RCap stands at ₹46,000 crore. On the day of its annual general meeting, Anil Ambani’s company Reliance Capital said that it repaid as much as ₹72.6 crore on September 27 and 30.This amount includes the payment the company has made in both interest and principal. “This is across a range of instruments including non-convertible debentures, term loans and inter-corporate deposits. The company is current on all its repayment obligations,” the company told the stock exchanges today.The total debt of RCap stands at ₹46,400 crore. The company’s stock dropped by 13% today to trade at ₹24 per share

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