Reliance Industries Shareholders, Creditors Nod to Spin Off Demerger of Financial Services Biz
Reliance Industries notified the stock markets on Thursday that it has received consent from equity owners, secured creditors, and non-secured creditors to demerge Reliance Strategic Investments (RSIL) from Reliance Industries (RIL)
Reliance Begins Spinoff Process, Meeting To Take Place On May 2 to Approve Jio Financial Demerger
Pursuant to the National Company Law Tribunal March 27 order, on May 2, 2023, a meeting will be held among the creditors and shareholders of Reliance Industries to consider and approve the proposed scheme of arrangement between Reliance Industries Limited and Reliance Strategic Investments