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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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