Reliance Capital intimates of sale of 14.90% stake in KGS Developers

For consideration of Rs 82 crore

Reliance Capital announced that Reliance Corporate Advisory Services, a 100% subsidiary of the Company has sold 47,28,081 equity shares held in an unlisted company namely KGS Developers (representing 14.90% of paid up equity share capital), for an aggregate consideration of Rs. 82 crore.

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