Meanwhile, in a separate filing Reliance Capital
said that it has invited its partner, Nippon Life Insurance Co. Ltd, to make an offer to acquire up to 42.88 per cent stake held by it in Reliance Nippon Life Asset Management Ltd (RNAM).
Nippon Life Insurance Co. Ltd. already holds 42.88 per cent stake in RNAM.
"Further announcements shall be made at the appropriate time," the company said in a clarification to the exchanges.
BSE had sought clarification from Reliance Capital (RCap) earlier Friday regarding news reports related to the transaction.
Shares of Reliance Capital rose by over 2 per cent Friday after the company reiterated that it had invited Nippon Life Insurance to acquire up to 42.88 per cent stake in Reliance Nippon Life Asset Management.