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Reliance Communications Limited ( (IN:RCOM) ) has shared an update.
Reliance Communications Limited has been notified by the Central Bank of India that its loan account has been classified as ‘fraud’ as of September 29, 2025. This development comes as the company is undergoing a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016. The classification pertains to credit facilities from before the insolvency process, and the resolution of these loans is expected to be addressed within the company’s resolution plan or through liquidation. The company is protected from legal proceedings during this process, and any avoidance applications filed are pending decisions from the National Company Law Tribunal.
More about Reliance Communications Limited
Reliance Communications Limited operates in the telecommunications industry, offering a range of communication services. The company is currently under corporate insolvency resolution process, with its operations managed by a Resolution Professional appointed by the National Company Law Tribunal.
Average Trading Volume: 1,491,765
Technical Sentiment Signal: Sell
Current Market Cap: 4.07B INR
For an in-depth examination of RCOM stock, go to TipRanks’ Overview page.