Announcements

As part of the Insolvency Resolution Process of Reliance Communications (RCom), its existing shares have been suspended from trading.

What does this mean?
A company is suspended from trading if it doesn’t comply with the Exchange regulations. This means one cannot buy or sell any more shares of that company till the suspension has been revoked.

How does this impact you?

Due to this corporate action, kindly note the following impact:

• -Trading in RCom shares has been suspended. 
• -You will not be able to buy/sell more shares of RCom
• -You will not be able to see existing shares of RCom under ‘Holdings’ on Upstox. However, you can view them from your Holdings Report by following these steps: How can I check my holdings ? - Upstox Help Center 

In case, the suspended company complies with all regulations, the suspension could even be revoked and the shares may start trading again. However, after suspension, if the company eventually shuts down or is unable to repay shareholders, you will have to write it off as a loss. Upstox is not responsible for any loss.