Sunday, April 20, 2025

Tag: Relince

RELIANCE ACQUIRES MAJORITY EQUITY STAKE IN SKYTRAN INC

Mumbai, 28th February 2021: Reliance Strategic Business Ventures Limited (“RSBVL”), a wholly owned subsidiary of Reliance Industries Limited, announced that it has acquired additional equity stake in its investee company skyTran Inc. (“skyTran”) for a consideration of USD 26.76 million increasing its shareholding to 54.46% on a fully diluted basis....