Reliance Jio’s subsidiary acquires Reliance Infratel for Rs. 3,720 crores

In November of this year, NCLT had given its nod to RPPMSL for a 100% stake acquisition of Reliance Infratel.

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After the approval; Reliance had deposited the sum of Rs 3,720 crore in an SBI escrow account to fully purchase the mobile tower.

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