Reli­gare In­vesco Net Worth at 57 crore

The Economic Times - - Markets & Finance -

In re­sponse to an ET ar­ti­cle ti­tled ‘Funds in a bind as Sebi Acts tough on min­i­mum cap­i­tal’, Reli­gare In­vesco As­set Man­age­ment has said it has in­creased its net worth to .` 57 crore with ef­fect from May 26, 2014, fol­low­ing a rights share is­sue worth .` 24 crore to its ex­ist­ing share­hold­ers.

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