The committee of debenture holders of Reliance Capital Ltd has extended the deadline for submission of expressions of interest to acquire the assets of the company till 1700 IST on Dec 17 from the earlier one of Dec 1, the company informed the exchanges.

Reliance Capital had, on Oct 30, sought expressions of interest for asset monetization with respect to certain subsidiaries and investments. Till the beginning of December, Reliance Capital had received bids from as many as eight companies-- Oaktree, JC Flowers and six asset reconstruction companies--for acquiring the entire company, with it receiving more than 60 different bids in total, for its assets, as per media reports.

Firms such as Blackstone, KKR, and Bain Capital have been reported to be looking to buy the company's general insurance subsidiary; whereas Bandhan Bank, Bain Capital are keen to buy Reliance Capital's 51% stake in its life insurance arm.

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