Reliance Capital Repays Debt Of Rs 72.65 Crore; Shares Hit New Record Low

Shares of the Anil Ambani-led Reliance Capital fell as much as 13.03 per cent to hit a new all-time low of Rs 24.35 after the company informed exchanges that it made interest and principal repayment of Rs 72.65 crore on Friday.

"Reliance Capital has made interest and principal repayments of Rs 72.65 crore on Friday, September 27 and Monday, September 30 on a range of instruments including non-convertible debentures, term loans and inter corporate deposits," Reliance Capital said in an exchange filing.

The company also said that it is current on all its repayment obligations.

Reliance Capital shares have sharply underperformed the Sensex. Reliance Capital shares have so far this year nosedived 89 per cent compared with nearly 7 per cent gain in the Sensex.