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Reliance Communication provides financial update

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Capital Market
Last Updated : Nov 07 2017 | 9:47 AM IST

Pursuant to SDR

Reliance Communication announced that pursuant to SDR guidelines, the Company is under standstill period till December 2018. The Company has also announced various asset sales and a comprehensive debt resolution plan, as advised per our earlier letter dated 30 October 2017. Accordingly, for the time being, no payment of interest and/or principal is being made to any lenders and / or bondholders of RCOM.

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First Published: Nov 07 2017 | 9:27 AM IST

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