Announced Tue, 6 Oct, 2026 · 14:12 IST
RCOM discloses full default on Rs 27,673 crore bank loans
RCOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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AI summary
Reliance Communications disclosed that its entire Rs 27,673 crore outstanding to banks and financial institutions is in default as of September 30, 2026. Total financial indebtedness stands at Rs 41,309 crore. Additional unprovided interest of about Rs 41,309 crore on loans and Rs 3,974 crore on NCDs is not included. The company remains under the IBC insolvency resolution process since June 2019, with Resolution Professional Anish Nanavaty managing its affairs.
Likely market impact
Confirms ongoing insolvency. Lender claims will be resolved under IBC. Shareholder recovery remains unlikely in the near term.