Acquisitions20 Feb 2026, 08:15 pm
Reliance Home Finance Receives 12 Resolution Plans in Corporate Insolvency Resolution Process
AI Summary
Pursuant to the initiation of the Corporate Insolvency Resolution Process (CIRP) for Reliance Home Finance Limited, the Resolution Professional has received 12 Resolution Plans from a pool of 28 prospective Resolution Applicants. This development comes in accordance with Section 25(2)(h) of the Insolvency & Bankruptcy Code, 2016, and Regulation 36A of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
Key Highlights
- Reliance Home Finance Limited has received 12 Resolution Plans from prospective Resolution Applicants.
- The Resolution Plans were submitted in response to the Invitation for Expression of Interest (EOI) published by the Resolution Professional on November 15, 2025.
- The last date for submission of the Resolution Plan was as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Out of 28 Prospective Resolution Applicants, 12 have submitted their Resolution Plans.
- Reliance Home Finance Limited is currently under Corporate Insolvency Resolution Process (CIRP) as per the Insolvency & Bankruptcy Code, 2016.
Price Impact
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