Jun 08, 2006, 12.55 PM | Source: Moneycontrol.com
Reliance Communication Ventures Limited name changed to Reliance Communications Limited
Consequent to issue of new certificate of incorporation for change of name by Registrar of Companies, Maharashtra, Mumbai, on 7th June, 2006 the name of Reliance Communication Ventures Limited stands changed to Reliance Communications Limited.
The new name will transform the Company into a fully integrated communication business provider. After effectuation of Scheme of Amalgamation and Arrangement, the Company will offer services that span the entire information and communication value chain including wireline and wireless, voice, data, broadband, internet, value added services and international and domestic long distance services. The new name, Reliance Communications Limited, enables the Company to more accurately reflect its business.
Reliance Comm stock price
On May 27, 2016, Reliance Communications closed at Rs 49.00, up Rs 1.35, or 2.83 percent. The 52-week high of the share was Rs 91.80 and the 52-week low was Rs 45.65.
The latest book value of the company is Rs 144.12 per share. At current value, the price-to-book value of the company was 0.34.