RInfra pledges 1.5 cr more shares in Reliance Power

The filing showed that the fresh pledge was done on September 9.

BCCL
The reason for encumberance was "invocation of pledge against non-convertible debentures (NCDs) issued by Reliance Infrastructure Ltd".
New Delhi: Reliance Infrastructure on Friday pledged 1.5 crore additional shares in Reliance Power.

According to a regulatory filing by the company, the reason for encumberance was "invocation of pledge against non-convertible debentures (NCDs) issued by Reliance Infrastructure Ltd".

The filing showed that the fresh pledge was done on September 9 in favour of IDBI Trusteeship Services Services Limited Lender/Debenture holder Deutsche Bank.

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