India’s RCom Shares Climb After Financial Obligation Deal With Lending Institutions

Shares in the business were trading up 2.18 percent at 21.10
rupees at 0348 GMT.In the occasion the firm is not able to complete the deals
within the December deadline, loan providers mayWithin the December deadline, lending institutions could exercise their
to convert their debt to equity as eachbased on the strategic financial debt
restructuring (SDR) policies, Reliance Communications claimed.
( Reporting by Devidutta Tripathy and also Swati Bhat; Editing by
Rafael Nam)