Reliance Infra shares not visible on trading platform
New Delhi. Reliance Infrastructure shares (Reliance Infrastructure Share Price) are out of regular trading for the second consecutive day. This has raised concerns among 7 lakh investors as regulatory restrictions continue after the company entered the Insolvency Resolution Process (IRP) under the Insolvency and Bankruptcy Code (IBC).
Let us tell you that Anil Ambani's Anil Dhirubhai Ambani Group firm has been placed under strict Additional Surveillance Measures (ASM) by the stock exchanges, due to which trading in its shares has been limited to a great extent and its stock is away from active trading.
What is a case of insolvency proceedings?
What is happening with the ASM framework?
Under the ASM framework, Reliance Infrastructure shares are allowed to trade only once a week. This day is Monday and that too only selling is allowed and no new purchases. This has limited investors' ability to exit positions and increased uncertainty, especially among retail shareholders, as the stock has seen high volatility and frequent upper-circuits in recent sessions.
Investors are complaining that their Reliance Infrastructure share holdings were not visible on the terminal on non-trading days, causing confusion. But brokerage firms have pointed out that while the shares may not be visible on the front-end platform, they are safe in demat accounts and can be accessed through the back-office or console system. Despite these responses, there is concern among shareholders. They are questioning the safety of their investments and the timeline for resumption of normal trading.
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(Disclaimer: Information about a single share is given here, not investment advice. Jagran Business is not giving investment advice. Investing in the stock market is subject to market risks, so please consult a certified investment advisor before investing.)
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