Reliance Communications Reports Financial Indebtedness Status for Quarter Ended March 31, 2026
Reliance Communications Limited detailed its financial indebtedness status for the quarter ended March 31, 2026, concerning defaults of payment on loans and financial institutions, as well as listed debt securities.The company is currently undergoing the corporate insolvency resolution process under the provisions of the Insolvency and Bankruptcy Code, 2016. Consequently, the debts of Reliance Communications Limited will be resolved according to the provisions of the Code.
The company provided details regarding outstanding amounts across different categories of debt.
A breakdown of the total financial indebtedness is presented below:
| Type of Disclosure | Detail | Amount (Rs in crore) |
|---|---|---|
| Loans / revolving facilities (cash credit from banks / financial institutions) | Total amount outstanding as on date | 28,826 |
| Of the total amount outstanding, amount of default as on date | 28,826 | |
| Unlisted debt securities (NCDs and NCRPS) | Total amount outstanding as on date | - |
| Of the total amount outstanding, amount of default as on date | - | |
| Total financial indebtedness of the listed entity (including short-term and long-term debt) | Total | 40,410 |
The reporting included a note clarifying that as the Company is under the Insolvency and Bankruptcy Code, and all lenders have filed their claims, all amounts outstanding per the Financial Statements are considered in default.
The documentation also noted that foreign currency loans were converted at the exchange rate of March 31, 2018, which was 1 USD = Rs. 65.175, as reflected in the Financial Statements.
Furthermore, the reported figures do not include an interest amount of Rs. 39,085 crore on loans from banks/financial institutions and Rs 3,781 crore on NCDs, amounts that are not provided for in the financial statements.
RCOM Stock Price Movement
Shares of Reliance Communications Limited are edging higher to ₹0.9 as of 11:30 AM today, rallying 4.65% in live trading. The stock finds current support between ₹0.88 and ₹0.90, moving amidst a volume of 3.07 million shares.Source:
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