Reliance Industries’ arm acquires 96% stake in UrbanLadder
Reliance Industries’ subsidiary company — Reliance Retail Ventures (RRVL) has acquired equity shares of Urban Ladder Home Decor Solutions (UrbanLadder) for a cash consideration of Rs 182.12 crore. The said investment represents 96% holding in the equity share capital of UrbanLadder. RRVL has a further option of acquiring the balance stake, taking its shareholding to … Read more
