Reliance Home Finance Limited Invites Expression of Interest Under CIRP Process

2 min read     Updated on 23 Mar 2026, 09:31 PM
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AI Summary

Reliance Home Finance Limited, operating in mortgage-based lending, has published Form G under CIRP inviting expressions of interest from resolution applicants. The company has set April 4, 2026 as the deadline for submissions, with final resolution plans due by June 3, 2026. The corporate debtor currently has no fixed assets and made no sales during FY 2024-25.

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Reliance Home Finance Limited , currently undergoing Corporate Insolvency Resolution Process (CIRP), has published a re-issued Form G inviting expressions of interest from prospective resolution applicants. The resolution professional has outlined a comprehensive timeline for the insolvency resolution process.

Company Background and Current Status

Reliance Home Finance Limited operates in the banking, financial services, and insurance industry at Mumbai. The company specializes in mortgage-based lending, including providing home loans, affordable housing loans, loans against property, and construction finance.

Parameter: Details
Company Name: Reliance Home Finance Limited
CIN: L67190MH2008PLC183216
PAN: AAECR0305E
Registered Office: Trade World, Kamala Mills Compound, 7th Floor, B Wing, Senapati Bapat Marg, Lower Parel (West), Delisle Road, Mumbai, Maharashtra - 400013
Website: Not Available
MSME Registration: As per available records, the Corporate Debtor does not have MSME registration

Financial Position and Assets

According to the financial statements for FY 2024-25, the corporate debtor does not have any fixed assets. No sale of main products or services was made during the last financial year 2024-25. The number of employees or workmen is currently not available.

CIRP Timeline and Key Dates

The resolution professional has established a detailed schedule for the insolvency resolution process:

Milestone: Date
Last date for receipt of expression of interest: 04-04-2026
Date of issue of provisional list of prospective resolution applicants: 14-04-2026
Last date for submission of objections to provisional list: 19-04-2026
Date of issue of final list of prospective resolution applicants: 29-04-2026
Date of issue of information memorandum and evaluation matrix: 04-05-2026
Last date for submission of resolution plans: 03-06-2026

Form G Publication Details

The re-issued Form G was published on Friday, March 20, 2026, in the following newspapers:

  • The Financial Express (English) All India Edition
  • Navakal (Marathi), Mumbai Edition

This disclosure was submitted as a post-facto intimation in compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contact Information for Interested Parties

Prospective resolution applicants can obtain further details including the last available financial statements with schedules of two years and lists of creditors by sending an email to cirp.rhfl@yahoo.com . Information regarding eligibility criteria under section 25(2)(h) of the Code is also available through the same email address.

The resolution professional, Umesh Balaram Sonkar (IBBI Reg. No: IBBI/IPA-001/IP-P-02619/2021-2022/14043), is overseeing the CIRP process with AFA validity until December 31, 2026.

What impact could the resolution of Reliance Home Finance have on the broader home lending market in Mumbai and Maharashtra?

How might potential bidders value a mortgage lending company with no current fixed assets or active operations?

Could this CIRP process signal increased consolidation opportunities for larger financial institutions in the housing finance sector?

Reliance Home Finance Limited Conducts 7th Committee of Creditors Meeting Under CIRP

1 min read     Updated on 10 Mar 2026, 12:49 PM
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Reliance Home Finance Limited completed its 7th Committee of Creditors meeting on March 09, 2026, at 03:30 P.M. via video conferencing under the ongoing Corporate Insolvency Resolution Process. Resolution Professional Umesh Balaram Sonkar submitted the post-facto intimation to stock exchanges in compliance with SEBI Listing Regulations. The CIRP was initiated on September 20, 2025, and continues with the Resolution Professional's authorization valid until December 31, 2026.

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Reliance Home Finance Limited has notified stock exchanges regarding the successful completion of its 7th Committee of Creditors (CoC) meeting, marking another milestone in the company's ongoing Corporate Insolvency Resolution Process (CIRP). The meeting was conducted on March 09, 2026, demonstrating continued progress in the resolution proceedings.

Meeting Details and Compliance

The 7th Committee of Creditors meeting was held through video conferencing on March 09, 2026, at 03:30 P.M. (IST). Resolution Professional Umesh Balaram Sonkar, who is overseeing the CIRP proceedings, submitted the post-facto intimation to both BSE Limited and National Stock Exchange of India Limited on March 10, 2026.

Meeting Parameter: Details
Meeting Number: 7th Committee of Creditors Meeting
Date: March 09, 2026
Time: 03:30 P.M. (IST)
Mode: Video Conferencing
Resolution Professional: Umesh Balaram Sonkar

Regulatory Compliance Framework

The intimation was filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in accordance with sub-clause 16(g) of Para A of Part A of Schedule III. This regulatory framework ensures transparency and keeps stakeholders informed about significant developments during the insolvency resolution process.

CIRP Background and Timeline

The Corporate Insolvency Resolution Process for Reliance Home Finance Limited was initiated following an earlier intimation dated September 20, 2025. The company has been operating under CIRP since then, with Resolution Professional Umesh Balaram Sonkar managing the proceedings.

CIRP Details: Information
CIRP Initiation Date: September 20, 2025
Resolution Professional: Umesh Balaram Sonkar
IBBI Registration: IBBI/IPA-001/IP-P-02619/2021-2022/14043
AFA Validity: December 31, 2026
Correspondence Email: cirp.rhfl@yahoo.com

Resolution Professional Credentials

Umesh Balaram Sonkar, the appointed Resolution Professional, brings extensive qualifications to oversee the CIRP proceedings. His credentials include M.Sc. Agri., LL.B., LL.M. (Business Law), CAIIB, ICBF, DRA, and IP-IBBI certifications. He operates from his office at 146-B, Chikhali House, Office No.25, 3rd floor, Princess Street, Kalbadevi, Mumbai - 400002.

The successful completion of the 7th CoC meeting indicates ongoing engagement between creditors and the Resolution Professional as they work toward resolving the company's insolvency proceedings. The process continues under the established regulatory framework with the Resolution Professional's authorization valid until December 31, 2026.

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