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Board of Reliance Capital approves scheme of arrangement

Capital Market

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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