SENSEX NIFTY
Home » News » Announcements
Jul 20, 2013, 05.40 PM IST | Source: Moneycontrol.com

Reliance Industries to merge REGDL with self

Reliance Industries has informed BSE that the Board of Directors of the Company at its meeting held on July 19, 2013, has approved a scheme of arrangement for amalgamation of Reliance Energy Generation and Distribution Limited (REGDL), a wholly-owned unlisted subsidiary company, with Reliance Industries Limited (RIL).

Reliance Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 19, 2013, has approved a scheme of arrangement for amalgamation of Reliance Energy Generation and Distribution Limited (REGDL), a wholly-owned unlisted subsidiary company, with Reliance Industries Limited (RIL).Further the Company has informed that, no new shares of RIL will be issued by the transferee company upon the Scheme becoming effective as the entire paid-up equity share capital of REGDL is held by RIL.Source : BSE

Read all announcements in Reliance

Set email alert for

ADS BY GOOGLE

video of the day

Retail buyers, MFs are back; midcaps hold promise: Ambit

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.