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Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges
Reliance Industries on Friday announced that it would demerge the company's financial services arm which would be listed on the stock exchanges, while shareholders would be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they held in the company. The transaction is subject to customary statutory and regulatory approvals...
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Supreme Court Directs SEBI To Provide Documents Sought By Reliance Industries In Share Acquisition Probe
The Supreme Court today directed market regulator, the Securities and Exchange Board of India (SEBI), to give Reliance Industries Ltd (RIL) access to certain documents which have been relied upon by it in its probe into a share acquisition matter.
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Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges
Reliance Industries on Friday announced that it would demerge the company's financial services arm which would be listed on the stock exchanges, while shareholders would be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they held in the company. The transaction is subject to customary statutory and regulatory approvals...
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Supreme Court Directs SEBI To Provide Documents Sought By Reliance Industries In Share Acquisition Probe
The Supreme Court today directed market regulator, the Securities and Exchange Board of India (SEBI), to give Reliance Industries Ltd (RIL) access to certain documents which have been relied upon by it in its probe into a share acquisition matter.
