Dec 13, 04:16 PM

Reliance Industries Acquires 74% Stake in Navi Mumbai IIA for ₹1,628 Crore at ₹28.50 per Share

Reliance Industries Limited (RIL) has acquired a 74% equity stake in Navi Mumbai IIA Private Limited for ₹1,628.03 crore, equivalent to ₹28.50 per share. This acquisition was confirmed in a stock exchange filing. The transaction reflects RIL's ongoing strategy to expand its business portfolio and enhance its operational capabilities in the region.

#Reliance Industries Limited #RIL

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