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Reliance Communications gets High Court approval for scheme of arrangement

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Capital Market
Last Updated : Oct 28 2016 | 11:28 AM IST

On 27 October 2016

Reliance Communications announced that the that Hon'ble High Court of Judicature at Bombay on 27 October 2016 sanctioned the Scheme of Arrangement between the Company and Reliance Telecom (RTL), a wholly owned subsidiary of the Company, for demerger of Telecom Undertaking consisting of 5 License Service Area of RTL into the Company (Scheme).

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First Published: Oct 28 2016 | 11:05 AM IST

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