Reliance Industries’ arm Reliance Retail sells 100% stake in RPPMSL for ₹274 crore
Mukesh Ambani-backed Reliance Industries Ltd (RIL) on Monday (April 13) disclosed that its step-down subsidiary, Reliance Retail Ltd, has sold its 100% equity stake in Reliance Projects & Property Management Services Ltd (RPPMSL) to Jaipur Enclave Private Ltd for ₹274 crore. Following the transaction, Reliance Projects & Property Management Services has ceased to be a…
