Tuesday, 29 May 2018

Budging Stoock

RCom surges 10% after arm Reliance Infratel reaches settlement with minority investorsRCom surges 10% after arm Reliance Infratel reaches settlement with minority investors On Tuesday, the company told exchanges that Reliance Infratel, its subsidiary, informed National Company Law Appellate Tribunal (NCLAT) that an amicable settlement has been arrived at between it and minority investors holding 4.26% equity in the Company, and consent terms will be filed shortly.
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