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  Business   Companies  23 Feb 2019  Additional RCom shares pledged with Axis Trustee

Additional RCom shares pledged with Axis Trustee

PTI
Published : Feb 23, 2019, 7:32 pm IST
Updated : Feb 23, 2019, 7:32 pm IST

Axis Trustee said 17.25 crore or 6.24 per cent shares of RCom were previously pledged with it.

After accounting for the shares released (1.39 per cent), the total shares pledged with it now stand at 25.40 crore or 9.18 per cent. (Photo: PTI)
 After accounting for the shares released (1.39 per cent), the total shares pledged with it now stand at 25.40 crore or 9.18 per cent. (Photo: PTI)

New Delhi: Axis Trustee on Saturday said more shares of Reliance Communications have been pledged with it, taking the total shares with it to 9.18 per cent.

In a regulatory filing, Axis Trustee said 17.25 crore or 6.24 per cent shares of RCom were previously pledged with it. Now, additional 12 crore or 4.34 per cent shares have been pledged with it.

After accounting for the shares released (1.39 per cent), the total shares pledged with it now stand at 25.40 crore or 9.18 per cent, the filing said.

Tags: rcom, reliance group, reliance communications
Location: India, Delhi, New Delhi