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Reliance Infrastructure Limited — Updates, 01-09-2025: General Updates
01-09-2025 | 10:34 pm
01-09-2025 | 10:34 pm
NCLT sanctioned Reliance Infrastructure's merger with wholly-owned subsidiary, Reliance Velocity. This aims to rationalize group structure, boost operational efficiencies, and cut costs. No new shares will be issued. All Velocity's liabilities transfer to RInfra.
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