Reliance Industries acquires 74% stake in Navi Mumbai IIA

Ambani's Reliance buys $192 million stake in Mumbai industrial city
(Reuters) -India's Reliance Industries said on Friday it has bought a 74% stake in an industrial area developer, situated in the country's financial hub of Mumbai, for 16.28 billion rupees ($192 million). Navi Mumbai IIA was renamed from Navi Mumbai ...
Mukesh Ambani's Reliance Industries acquires majority stake of 74% in Navi Mumbai IIA for Rs...
Reliance Industries has acquired a 74% equity stake in Navi Mumbai IIA for Rs 1,628 crore, making it a subsidiary.
Reliance Industries buys 74% stake in Navi Mumbai IIA for ₹1,628 crore
Reliance Industries has acquired 57.12 crore equity shares representing 74% of Navi Mumbai IIA Private Limited (NMIIA) at Rs. 28.50 per equity share, aggregating ₹1628.03 crore ($192 million), it said
India's Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 million
India's Reliance Industries said on Friday it has bought a 74% stake in Navi Mumbai IIA (NMIIA) for 16.28 billion rupees ($192 million). NMIIA operates an industrial area located in Mumbai, India's financial hub and the capital of the western state of Maharashtra.
Reliance Industries acquires 74% stake in Navi Mumbai IIA Private for ₹1,628 crore
CIDCO retains the remaining 26% stake in the company. With this acquisition, NMIIA has become a subsidiary of Reliance Industries. Shares of Reliance Industries Ltd ended at ₹1,273.35, up by ₹9.50, or 0.
Reliance Industries acquires 74% stake in Navi Mumbai IIA for Rs 1,628 crore
Reliance Industries acquired a 74% stake in Navi Mumbai IIA for Rs 1,628.03 crore, following CIDCO's consent. RIL purchased 57.12 crore shares at Rs 28.50 each, making NMIIA, a developer of integrated industrial areas,
Ambani's Reliance buys $192 mln stake in Mumbai industrial city
India's Reliance Industries said on Friday it has bought a 74% stake in an industrial area developer, situated in the country's financial hub of Mumbai, for 16.28 billion rupees ($192 million).
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