Reliance Industries Ltd. said Thursday that the Public Investment Fund (PIF) will invest ₹ Rs 9,555 crore for a 2.04% equity interest in Reliance Retail Ventures Limited. This investment values RRVL at a pre-money equity value of ₹ 4,587 million lakh rupees. “This investment will further strengthen PIF’s presence in …
Read More »ADIA to invest 5,512 crore rupees for a 1.2% stake
Reliance Industries Ltd, led by Mukesh Ambani, said Tuesday that a subsidiary of the Abu Dhabi Investment Authority (ADIA) will invest ₹Rs 5,512.50 crore for a 1.2% stake in its retail arm. “This investment values Reliance Retail Ventures Ltd (RRVL) at a pre-money equity value of ₹ 4,285 million lakh …
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