Billionaire Mukesh Ambani-led Reliance Industries announced that it has completed the sale of Rs. 47,265 crore worth of stake in its retail arm, Reliance Retail Ventures Limited (RRVL), to a group of foreign investors. The company has sold about 10% stake in its retail unit. This fundraise exercise, reportedly the largest in the sector, was completed in two months. Here are more details.
source https://www.newsbytesapp.com/news/business/reliance-retail-completes-10-stake-sale-for-rs-47-265cr/story
source https://www.newsbytesapp.com/news/business/reliance-retail-completes-10-stake-sale-for-rs-47-265cr/story
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