Reasons for withdrawal of the offer documents have not been disclosed.
Ambani said the group has over 60,000 crore of receivables stuck in regulatory and arbitration matters, which are pending for 5-10 years.
The entire RNAM stake monetisation proceeds will be utilised to reduce Reliance Capital's outstanding debt.
The scrip tanked 11.32 per cent to Rs 27.80 -- its 52 week low -- on the BSE.
The funds invested 7.1 per cent of their assets in commercial papers from NBFCs and 6.9 per cent in bonds last month, the data showed.
The companies said they have also duly furnished all requisite and satisfactory details as required by PWC.
Reliance Capital said it has signed binding definitive agreements with Nippon Life Insurance of Japan.
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