Shares of Reliance Communications (RCom) jumped 5 percent and were locked in their upper circuit on February 24 ahead of the committee of the creditors meeting.

The company on February 23 said a meeting of the company's committee of creditors is scheduled to be held on Monday, February 24.

''The 18th meeting of the committee of creditors (CoC) of Reliance Communications Ltd is scheduled to be convened on Monday, February 24, 2020,'' RCom said in a regulatory filing.

No other details were disclosed.

Shares of the company gained Rs 0.03, or 4.11%, to settle at Rs 0.76. The total volume of shares traded was 1,436,972 at the BSE (Monday).