Post-facto intimation regarding the 1st Meeting of the Committee of Creditors ( CoC ) of Reliance Home Finance Limited (the Corporate Debtor ) held on Wednesday, October 15, 2025, at 05:00 P.M.
RHFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Reliance Home Finance Limited has informed exchanges about the first meeting of the Committee of Creditors (CoC) held on October 15, 2025 at 5:00 PM under the Corporate Insolvency Resolution Process (CIRP). A CoC is constituted only after the National Company Law Tribunal (NCLT) admits the company into insolvency. This is the inaugural CoC meeting, meaning the insolvency proceedings against the company have been officially initiated. The notice is filed as a post-facto intimation, suggesting procedural compliance under the Insolvency and Bankruptcy Code (IBC). Reliance Home Finance is a subsidiary of Reliance Capital, which itself has been undergoing insolvency proceedings. Shareholders are likely to face significant value erosion as the resolution process unfolds.
This confirms that Reliance Home Finance has formally entered the NCLT insolvency process, which is very negative for equity shareholders who typically receive little to nothing in IBC resolutions. The stock may face further selling pressure and trading restrictions.