Did an Ambani group entity give an interest free loan to Prannoy and Radhika Roy and their private holding company RRPR Holding Pvt Ltd. in 2009, which was actually a bailout and takeover in the guise of a loan? Moneylife has published today the details of a loan agreement under which the Roys were to issue a convertible warrant which could be converted into the underlying equity shares “at any time during the tenure of the loan or thereafter”. Other details of the agreement are also interesting.