Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd (RIL) has received equity shares of Urban Ladder Home Decor Solutions Pvt Ltd (Urban Ladder) for a coins attention of Rs. 182.12 crore. The said investment represents ~ninety six% holding in the fairness share capital of UrbanLadder.
RRVL has a in addition alternative of acquiring the balance stake, taking its shareholding to a hundred% of the equity percentage capital of UrbanLadder.
RRVL proposes to make a in addition funding of as much as Rs. 75 crore. The in addition investment is expected to be completed via December 2023.
Bazaarinformation team has many years of experience, covering the physical and future commodities markets with prominent commodity & equity trading advising which shines further with extensive network to get research from ground levels to generate proper reporting and movements. We are able to get evens out of odds in volatile markets and stockings. ...
