Business

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
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