Reliance Retail Ventures Limited (RRVL) today announced that it had raised ₹47,265 crores by selling a 10.09% stake in the company. RRVL today announced that it has received a cumulative subscription amount of ₹47,265 crore from the financial partners and allotted 69,27,81,234 equity shares to them. Here are all the details.
Global technology investment company Silver Lake has decided to take a position Rs 7,500 crore ($ 1 billion) in Reliance Retail Ventures Ltd (RRVL), the retail arm of Reliance Industries Ltd, valuing RRVL at a pre-money equity value of Rs 4.21 lakh crore. Silver Lake’s investment will translate into a…
[ad_1] Reliance Industries Restricted (RIL) introduced that its subsidiary Reliance Retail Ventures Restricted (RRVL) has acquired a majority fairness stake in Vitalic Well being (Vitalic) and its subsidiaries collectively referred to as Netmeds for a money consideration of roughly Rs. 620 crores.The funding represents 60 p.c holding within the fairness share capital of Vitalic and…
On Friday, Reliance Retail announced its plans to decrease the equity share capital, specifically the portion owned by shareholders other than its promoter and holding company. Numerous retail investors, who acquired the stock through the unlisted market, expressed their concerns over substantial losses amounting to approximately 60%. On Friday, a…
