Thursday, December 12, 2019

RIL arm picks up majority stake in NowFloats for Rs 142cr

RIL arm picks up majority stake in NowFloats for Rs 142cr "Reliance Strategic Business Ventures Ltd (RSBVL), a wholly-owned subsidiary of RIL, has acquired equity shares of NowFloats Technologies for a cash consideration of Rs 141,63,78,822. The said investment represents 85 percent holding in the equity share capital of NowFloats," RIL said in a BSE filing.

from Moneycontrol Business News https://ift.tt/36wH8z9
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