Committed to meet all future debt obligations in timely manner: Anil Ambani, Reliance Group
  • WebDesk BTVI
  • Jun 11 2019

Anil Ambani, Chairman of Reliance Group, said that fall in share prices of group companies led to huge losses for investors. He said Reliance Group has repaid Rs 35,000 crore in past 14 months while lenders have not provided any additional debt or liquidity in the same period. He also said regulatory bodies and courts are yet to pass verdict for award of Rs 30,000 crore to group companies. Ambani vowed to meet all future debt obligations in a timely manner via asset sale.