Disclosure as per SEBI circular dated November 21, 2019 in respect of defaults of payment of interest / repayment of principal amount on loans/ financial institutions and listed debt securities as on June 30, 2025.
RCOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Reliance Communications (RCOM), currently under the corporate insolvency resolution process (IBC) since June 2019, has disclosed its debt defaults as on June 30, 2025. The total outstanding loans from banks and financial institutions stand at Rs 28,826 crore, of which the entire amount is in default. The company's total financial indebtedness, including short-term and long-term debt, is Rs 40,413 crore. Additionally, unprovided interest of Rs 31,175 crore on bank/financial institution loans and Rs 3,465 crore on non-convertible debentures is not captured in the financial statements. As the company is under IBC, all lenders have filed claims and all outstanding amounts are treated as in default. Debts will be resolved per the IBC framework under Resolution Professional Mr. Anish Niranjan Nanavaty.
This filing is a routine SEBI-mandated disclosure and does not change the existing situation for shareholders — the company has been under insolvency resolution for over six years with no operational resolution in sight. Equity holders face near-total loss as lender claims are prioritised under IBC. The stock remains illiquid and speculative, and any recovery for equity is contingent on the resolution plan's treatment of shareholder value.