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Reliance Jio arm acquires 100 pc stake in Reliance Infratel for Rs 3,720 crore

Reliance Jio subsidiary Reliance Project and Property Management Services (RPPMSL) has paid Rs 3,720 crore to mark the completion of its acquisition of Reliance Infratel, which was undergoing insolvency proceedings.
Jio Infocomm National Company Law Tribunal Anil Ambani Reliance Communications Competition Commission Of India Property Management Services Reliance Industries

Jio completes acquisition of Reliance Infratel, pays Rs 3,720 cr to lenders

Reliance Jio Thursday completed the acquisition of Reliance Communication Ltd.'s (RCOM) tower and fiber assets by paying Rs 3,720 crore to the lenders.According to sources, the company has deposited Rs 3,720 crore in the escrow account of the ...
Ad Daw Ah Emirates Bank Doha Bank Committee Of Creditors Reliance Communication Ltd Property Management Services

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