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RPPMSL
CoC cannot alter approved resolution plan, reallocate funds of dissenting creditors: NCLATThe NCLAT has ruled that a Committee of Creditors cannot change a resolution plan's fund distribution for dissenting creditors once it is a...- Reliance Industries transfers 100% stake in projects & property arm to Reliance RetailReliance Industries transferred its entire 100% stake in Reliance Projects & Property Management Services to Reliance Retail.
- Reliance acquires step-down subsidiary for Rs 314 crReliance Industries Ltd acquired RCML, a petrochemicals and hydrogen subsidiary, for Rs 314.48 crore. The firm aims to make RCML its direct...
- ADIA, KKR book a $1.5b space in Reliance Retail warehouseADIA and KKR invest $1.5 billion in RRVL's warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include ...
- NCLAT sets aside order directing RIL to get stakeholders nod for transfer of RPPMSL's Digital EPC assetsThe National Company Law Appellate Tribunal (NCLAT) has set aside the order of the NCLT that required Reliance Industries (RIL) to obtain t...
- Jio deposits Rs 3720 Cr in SBI escrow account to take major step to buy Reliance InfratelBillionaire Mukesh Dhirubhai Ambani-led Jio placed a bid of Rs 3,720 crore in November 2019 to acquire the tower and fibre asset of debt-ri...
- Jio deposits Rs 3720 crore in SBI escrow account, completes buy of Reliance InfratelIn November, the National Company Law Tribunal (NCLT) in Mumbai had approved RITL’s acquisition by Reliance Project and Property Management...
- Axis invokes pledge over 100% equity in RCom unit GIDC for non-repayment of loansRCOM holds 100% stake in GIDC through another subsidiary Reliance Webstore Limited (RWSL). In August 2016, RCOM and Reliance Infratel had a...
- NCLT orders urgent implementation of Reliance Infratel resolution planAs per the orders of the NCLT made public on Wednesday, the court allowed Jio’s arm, Reliance Project and Property Management Services Ltd ...
- NCLT clears Reliance Infratel's acquisition by JioJio, which is rolling out 5G networks starting with the metros and bigger cities and needs all the towers and fibre assets for the purpose,...
- Jio proposes to deposit Rs 3,720 crore in escrow account to acquire RCom's tower, fibre assetsJio's subsidiary Reliance Projects and Property Management Services in an application before NCLT last month said that the company is commi...
- Jio moves NCLT for early resolution of Reliance Infratel bankruptcy processA Reliance Jio Infocomm arm has recently moved a fresh application in the National Company Law Tribunal (NCLT) Mumbai, offering to deposit ...
- RIL net profit flat in sept quarter, revenue up 32.4%The oil-to-retail-to-telecom conglomerate reported a ₹15,512 crore net profit in the quarter, almost unchanged from ₹15,479 a year earlier ...
- China Development Bank writes to FM Nirmala Sitharaman, seeks implementation of Reliance Infratel resolutionThe resolution plan which involves Jio purchasing RITL for about Rs 4,000 crore has been kept in abeyance, after the telecom company found ...
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