look news india
Reliance Home Finance Limited : Most of Anil Ambani's companies have gone through the bankruptcy process. One of them is Reliance Home Finance. The shares of this non-banking finance company were at the level of Rs 120 till a few years ago, but as the situation changed, their prices have fallen continuously. Now the situation has come to such a pass that the company's stock has started trading at less than Rs 5. The current price of the stock is Rs 4.02. In January, the stock of Reliance Home Finance reached a high of Rs 6.22. The stock also has a 52-week high. So in August 2023, the stock price was Rs 1.61, which is the 52-week low of the stock.
Reliance Home Finance promoter Anil Ambani LIC has majority shareholding pattern in the company There are ordinary shares as per the share. The promoter Anil Ambani family holds 0.74 percent stake in the company. Thus the public stake is 99.26 percent. LIC i.e. Life Insurance Corporation of India is also included among the public shareholders. LIC holds 74,86,599 shares of Reliance Home Finance. This is equivalent to about 1.54 percent stake.
board meeting is going to be held
Recently, Reliance Home Finance Limited had informed the Bombay Stock Exchange that the company's board meeting is to be held next week. In this meeting, along with other matters, the postponement of the board meeting will also be considered. This meeting is scheduled to be held on 12 August 2024.
