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Reliance Retail Receives Full Subscription Amount of Rs 2,069.50 Cr From KKR

Reliance Retail (RRVL), the retail arm of Reliance Industries, has successfully received the full subscription amount of Rs 2,069.50 crore from the global investment firm KKR and has allotted 1.71 crore equity shares. Following this share allotment, KKR’s shareholding in RRVL has increased to 1.42 per cent, up from the previous 1.17 per cent. In […]

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Companies News

QIA Invests Rs 8,278 Cr In Reliance Retail Ventures

Reliance Retail Ventures (“RRVL”) on Wednesday announced that Qatar Investment Authority (“QIA”), through a wholly-owned subsidiary, will invest Rs 8,278 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of  Rs 8.278 lakh crore. RRVL, through its subsidiaries and associates, operates India’s largest, fastest growing, and most […]

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