Board of Reliance Capital approves scheme of arrangement

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Capital Market
Last Updated : Oct 28 2016 | 6:47 PM IST

At meeting held on 28 October 2016

Reliance Capital announced that the Board of Directors at its meeting held on 28 October 2016, has approved a Scheme of Arrangement for demerger of Real Estate Lending Business of the Company into its wholly owned subsidiary viz. Reliance Home Finance subject to requisite approvals.

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First Published: Oct 28 2016 | 6:19 PM IST

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