RNAM retail quota subscribed 24%; SBI Life institutional bids at 15%RNAM saw institutional investors bids 1.3 times the institutional quota on Day 1 on Wednesday.
Revival stories: 7 stocks that braved slowdown blues to spurt 50% in 2019Analysts say at least some of these hold decent upside potential.
Reliance Capital's OFS on RNAM oversubscribed 2.50 timesNippon Life Insurance sold over 8 per cent of its shareholding in RNAM.
Nippon Life makes open offer to acquire 22.49% stake in RNAMTransaction is to be payable in cash for a total consideration of Rs 3,179.41 crore.
Nippon Life makes open offer to acquire 22.49 per cent stake in RNAMThe transaction is to be payable in cash for a total consideration of Rs 3,179.41 crore.
RNAM OFS: RCap sells 8% stake for Rs 1,100 croreThe OFS was made by the promoter entity in a bid to meet the minimum public shareholding norm of 25 per cent.
Reliance Capital jumps 6% on RNAM JV stake saleReliance Capital said it has signed binding definitive agreements with Nippon Life Insurance of Japan.
Reliance Capital to exit MF biz, use funds to cut debtRNAM will continue to remain a public limited company after the open offer.