Share Market News: Anil Ambani’s Reliance Capital To Exit From Stock Market, Investors On Alert

Share Market News: If you have shares in Reliance Capital, this news is for you, as Anil Ambani’s company is soon to exit the stock market. Therefore, if you also have shares in the company, then they will hold no value. Anil Ambani’s company Reliance Capital told the exchanges that all their equity shares in the share market would be delisted from the share market and if anyone had these shares, their value would be zero. 

Why Anil Ambani Made This Decision

After Diwali, Reliance Capital was taken to the resolution plan to revive the company. According to the information given to the exchanges, Reliance Capital has now got permission from NCLT for the resolution plan. Until the last year, the company had dropped investors’ money almost to the zero level. After that, this decision was put forth by the company. Now, the entire funds of the retail investor will become zero.