RCom Gains After Bond Holders Approve Asset Monetisation Plan – Shares of the Anil Ambani-led company rose as much as 2.38 percent to Rs 23.65 after its $300 million bondholders approved its asset monetisation plan, the company said in a press release.
Bondholders at a meeting in London approved sale of certain assets to Reliance Jio Infocomm, sale of real estate assets, release of security on the assets and accepted part repayment of outstanding bonds.