On 07 June 2017
Reliance Nippon Life Asset Management announced that its board of directors have given their approval for the plans to list the equity shares of the Company, subject to necessary regulatory and corporate approvals.RNAM is a subsidiary of Reliance Capital Limited (RCL), with Nippon Life Insurance Company as its strategic partner. RCL holds 51% of the total issued and paid-up equity share capital of RNAM.
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