Reliance Industries acquires 74% stake in Navi Mumbai IIA Private for ₹1,628 crore

CIDCO retains the remaining 26% stake in the company. With this acquisition, NMIIA has become a subsidiary of Reliance Industries. Shares of Reliance Industries Ltd ended at ₹1,273.35, up by ₹9.50, or 0.75%, on the BSE.

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