Delisting Reliance Cap one of last milestones towards acquisition: Hinduja

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Delisting Reliance Cap one of last milestones towards acquisition: Hinduja - Business Standard

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"This is one of the last milestones towards the closure of this acquisition process", he said, while referring Reliance Capital approaching bourses for delisting of its shares as part of resolution process.

IndusInd International Holdings Ltd (IIHL) Chairman Ashok P Hinduja said the delisting of Reliance Capital is one of the last milestones towards the closure of the acquisition of the debt-ridden financial firm.

Reliance Capital on Tuesday in a regulatory filing said it has approached the bourses for delisting of its shares as part of the resolution process.