RCom shares extend rally; zoom over 25% on debt reduction announcement
The stock had gained nearly 32 percent in the previous session also.
Dec 27, 2017, 14:52 PM ISTRCom announces debt revival plan, stock zooms 35%
Announcing the resolution plan, company chairman Anil Ambani told reporters that the new plan has the support of a Chinese lender that had dragged it to the NCLT for dues running into USD 1.8 billion, and would see RCom bringing down its mountain of debt by Rs 25,000 crore.
Dec 26, 2017, 16:16 PM IST