Shares of Anil Dhirubhai Ambani Group came under pressure on Thursday, as lenders invoked shares pledged by the promoters.
Among the ADAG pack, Reliance Capital was the worst affected, as its share crashed 8.4 per cent at Rs. 172 on the NSE, followed by RPower 6.52 per cent at Rs. 10.75. RCom slumped 5.1 per cent at Rs. 4.65; Reliance Nippon Life slipped 5.2 per cent at Rs. 191.25; RInfra edged down 3.7 per cent at Rs. 125; and Reliance Naval and Engineering closed the day lower by 2.82 per cent at Rs. 10.35.
In a disclosure to the exchanges, RCom said that Axis Trustee Services, acting as security/debenture trustee, has invoked 12 crore shares or 4.34 per cent, pledged shares of the company on March 11.
