Now as Reliance capital is struggling to service the debt and rating agencies are downgrading the company and its subsidiaries, an interesting thing to note here that since mid 2017 lot of key managerial people, who were with the company for many years were resigning one after another giving personal reasons for parting ways: Madhusudan Kela ( CIO, Rel Cap), Devan Mody ( CEO Rel commercial finance), Himanshu Vyapak ( DEputy CEO Reliance Cap), Sunil Singhania ( global head equities), Sam Gosh ( CEO Rel Capital). These guys would be first to see the distress signals of the sinking boat.
Reliance capital tried very hard last year to keep news afloat that all was well with the company, while it was in no position to service the debt last year as well except due to exceptional gains by asset sales. Now the key question is whether they would be able to pull that off this year !
Reliance capital is getting bad day by day. I understand that based on numbers its quite possible and specially given the current state of ADAG companies. Do we see possible ways of its revival (Mukesh can help, which he did once)? If Reliance Capital goes bad way, I am interested in understanding its impact on services / brokerage services provided by Reliance Securities (Reliancesmartmoney.com).
RCOM went bad way & customers had option/forced to move to other service provider, In this case brokerage services of RCAP (Reliance Securities) will be in question.
i) How does it impact retail DEMAT account holders
ii) Will customers be forced to move away (its tougher than changing mobile operator)
iii) Is there any risk to long term holdings
iv) Is it wise to bear the cost of moving to other broker & move out in order to protect securities held
though i started this thread with positivie bias in nov’17 , after careful study i decided to exit in april 18 when news of RNAVAL failing started flowing … didnt ever imagine that such fall can happen … market is supreme !!!
I dont know if this is the correct thread, anyone know what would be the demerged price of Rcom if i want to sell now to claim Long term capital loss and save tax on capital gain. I had received Rcom after demerger of RIL.
Please excuse me if this is not the correct thread for posting frauds by Anil Ambani.
This has reference to SEBI order imposing 25 cr fine on Anil and banning him from Capital markets for 5 years. This is a very stiff penalty. We all know about the activities of Anil. Now it is proved that he is a crook and a fraudster. All Indian investors are aware of his character since public issue days of Rpower. But inspite of everything, it surprises me that he is still persisting with his activities of siphoning public money. How can this happen? Why he is not put behind bars? Is it not a mockery of Indian laws? It is high time that investor protection forums should Target him for harshest pf punishments. This is the only way to warn others from indulging such activities. And all investors should avoid the group companies.
Please share your views
If someone wanted to Acquire Reliance infrastructure Ltd. Today
Market cap ₹. 5,350 crs & Debt ₹. 5,800 crs
So Total Acquisition Cost ₹. 10,150 Crs
What Buyer (Acquirer will get …
Holding 25% Rel Power worth ₹. 3,300 crs
49% Dasault Rel Aviation Value ₹. 4,200 Crs
Delhi Discom Value Roughly ₹. 40,000 ~ 45,000 Crs
Plus Mumbai Metro One ₹. 4,000 Crs
+ Plus Toll Roads
+ Defence JV with Thale (France)
*+ Defence JV with RHENMETAL of Germany*
*+ Defence JV with DIEHL of Germany*
Therefore Getting Total Value-worth ₹. 48,000 ~ 52,000 Crs against Toatal Acquisition cost ₹. 10,150 Crs !!! ….
Please Note Following Points
🅰️ _Mr. Anil Ambani is Not on Boardof Rel. infra or Rel. Power Since Feb.- 2022 (SEBI has Barred him from capital markets for 5 Years)_
There are Leagal & criminal cases against Mr. Anil Ambani as well His Son Jay Anmol Ambani Pertaining to RCom, RHFL etc Defaulting & Fraud cases
🆑 ED, CBI etc agencies are working against Anil Ambani and RCOM, RHFL etc…
One should invest as per own risk and under guidance of their financial advisors.
Disclaimer - Investments in securities markets are subject to market risks.
This is based on Technical/Fundamental and personal views.
(1) Do your own study, conclude & with due diligence.
(2) Views & opinions are always welcome.
(3) Above views about market and stocks are purely for education purposes only. (No Buy / Sale Recommendation)
Now with Delhis Discoms attached, the main cash cow, which generates revenues and profits from the company, Wouldn’t that leave company cash starved and thus put on the deathbed!
Please Note Following Points 
There are Leagal & criminal cases against Mr. Anil Ambani as well His Son Jay Anmol Ambani Pertaining to RCom, RHFL etc Defaulting & Fraud cases