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Reliance Industries completes acquisition of IMG Reliance

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Capital Market
Last Updated : Dec 30 2020 | 9:50 AM IST

On 28 December 2020

Reliance Industries has completed the acquisition of equity shares of IMG Reliance (IMG-R) from IMG Singapore. Accordingly, IMG-R has become a wholly-owned subsidiary of the Company.

Consequent to the aforesaid acquisition, the holding of the Company along with IMG-R in Football Sports Development (FSDL) is 65% and FSDL has become a subsidiary of the Company.

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First Published: Dec 30 2020 | 9:24 AM IST

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