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Rumour-mongering hitting Reliance Group's interests, says Anil Ambani

Says committed to meeting all debt servicing obligations in a timely manner

Reliance Communications Chairman Anil Ambani
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Reliance Communications Chairman Anil Ambani

Amritha PillayAbhijit Lele Mumbai
Anil Ambani, the chairman of debt-ridden Reliance Group, on Tuesday blamed “unwarranted rumour-mongering” for the sharp fall in shares of his group firms in recent weeks and said he was committed to meeting “all future debt servicing obligations in a timely manner”. 

Ambani said his group had paid Rs 35,000 crore to the lenders in the 14 months between April 2018 and May 2019, largely by selling assets. “Further asset monetisation plans are at various stages of implementation,” he added.

Regulatory bodies and courts, on the other hand, had not passed any final adjudication orders on the group's claims aggregating

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