Religare Enterprises completes acquisition of balance stake in Religare Arts Initiatives

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Religare Arts Initiative become a wholly owned subsidiayr of Religare Enterprises
Religare Enterprises announced that it has closed the transaction of acquiring the remaining 24.82% stake in Religare Arts Initiative (RAIL) from minority shareholders of RAIL.Consequently, RAIL is wholly owned subsidiary of the Company.
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First Published: Dec 19 2016 | 11:06 AM IST