FilingReader Intelligence

Reliance Industries acquires 100% stake in Lakadia B Power

February 21, 2025 at 08:53 AM UTCBy FilingReader AI

Reliance Industries (RELIANCE) announced today that it has completed the acquisition of 100% equity stake in Lakadia B Power Transmission Limited (“LPTL”). The acquisition, finalized on February 14, 2025, involved an aggregate consideration of ₹6.73 crore. With this transaction, LPTL now becomes a wholly owned subsidiary of Reliance Industries. The announcement, made to the National Stock Exchange of India Limited and BSE Limited (Scrip Code: 500325), serves as an update further to the disclosure dated January 16, 2025. The company emphasized that this information is for record and information purposes.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:RELIANCEBombay Stock Exchange

News Alerts

Get instant email alerts when Reliance Industries publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →