Anil Ambani has 7 big plans to trim his debts totaling over Rs. 165,000 crores, which include selling nine road projects for Rs. 90,000 crores, his Reliance Center office in Mumbai for Rs. 3,000 crores, selling 100% of Reliance General Insurance for Rs. 50,000 crores, selling Prime Focus Entertainment for Rs. 10,000 crores, an IPO of 3.15% stake in Nippon Life for over Rs. 505 crores, selling private equity/real estate for over Rs. 10,000 crores, and selling radio businesses for Rs. 1,200 crores.

1. Anil Ambani’s Seven Big Plans to Trim His Debts

2. Here are Anil Ambani’s 7 big plans to trim his debts

3. He plans to sell nine of his road projects that will fetch him Rs. 90,000 crores

4. He is in advanced talks for selling his Reliance Center Office in Santacruz East
Mumbai

5. This sale will fetch him around Rs. 3000 crores

6. Another plan is to sell 100% stake in Reliance General Insurance

7. This should fetch him Rs. 50,000 crores

8. He also plans to sell off Prime Focus Entertainment

9. The amount he could fetch from this deal would be Rs. 10,000 crores

10. He also plans for an IPO of 3.15% stake in Nippon Life that will fetch him over Rs. 505
crores

11. He also plans sell his private equity/real estate that would fetch him over Rs.
10,000 crores

12. And of course, he plans to sell his radio businesses that could get him Rs. 1,200
crores