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Reliance Communication provides financial update

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Capital Market

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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