Jul 8, 2023 · Mumbai: Reliance Retail Friday said its board approved a proposal to cancel the equity shares held by public shareholders. The company will pay ₹1,362 per share for the …

Jul 8, 2023 · Reliance Retail has announced its share reduction. Soon after the news, investors expressed their anger on social media. Reliance Retail, on Friday, announced the reduction of …

Jul 7, 2023 · Reliance Retail Limited plans to reduce its equity share capital, subject to approval from shareholders and the National Company Law Tribunal. Shareholders will receive Rs. …

Nov 1, 2023 · The petition for reduction of share capital filed by Reliance Retail with the National Company Law Tribunal, Mumbai bench (“NCLT”), proposes that the share capital held by all …

NCLT gave approval, and now Reliance Retail goes fully owned by RRVL (99.91%) after share buyback at ₹1242/share to simplify structure. Learn more!

Jul 7, 2023 · Mukesh Ambani-led Reliance Industries Ltd on Friday announced that board of directors of Reliance Retail have approved a proposal to reduce the equity share capital of …

Jul 7, 2023 · The board of directors of Reliance Retail at its meeting has approved a proposal to reduce the equity share capital to the extent held by shareholders other than its promoter and …

In the case of Reliance Retail Limited, the reduction of share capital has been considered as a payout of Dividend income to the respective shareholders, so the company Reliance Retail …

Jul 8, 2023 · Non-promoters hold less than 1 percent in Reliance Retail; the share capital reduction exercise will cancel and extinguish these shares. Valuation was determined …

Jul 7, 2023 · The board of Reliance Retail, on July 4, 2023, approved the proposal in which shares held by such shareholders shall stand cancelled and extinguished as per the capital …