Reliance Home Finance Limited has informed the Exchange pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with sub-clause 16(i) of Para A of Part A of Schedule III, We wish to inform you that, as on the last date for submission of the Resolution Plan, the Resolution Professional has received Twelve (12) Resolution Plans for Reliance Home Finance Limited, out of twenty-eight (28) Prospective Resolution Applicants which was included in the Final List of the Prospective Resolution Applicant.
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On the reaction day the stock moved 6.0 pts less than Nifty Microcap 250 and 5.5 pts less than its Housing Finance Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Reliance Home Finance Limited, which is currently undergoing a Corporate Insolvency Resolution Process (CIRP) initiated on September 20, 2025, has received 12 resolution plans from interested bidders. These plans came from a pool of 28 prospective resolution applicants who were on the final eligibility list. The Resolution Professional had published the initial Expression of Interest (Form G) on November 15, 2025, followed by an extended version on December 2, 2025. The company is now a step closer to potential resolution, with bidding interest from a notable portion of eligible applicants.
For shareholders, this is a cautiously positive development — receiving 12 bids suggests reasonable bidder interest despite the company being in insolvency. However, the actual recovery value will depend on the quality of bids and subsequent NCLT approval. Existing equity holders remain at high risk of dilution or wipe-out, as is typical in IBC proceedings.