RNRL to merge with R-Power in over Rs 50,000 crore share deal

Mumbai, Jul 4 (PTI) India's Anil Ambani group Sunday
decided to merge Reliance Natural Resources with another group
entity Reliance Power in an all-share deal estimated to be
worth over Rs 50,000 crore.
The boards of both the companies approved the merger,
wherein RNRL shareholders for their every four shares would
get one share of Reliance Power. PTI BJ
MYR


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